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Pls Help ASAP; and No, IT is Not 55.19 days. I got the one incorrect A corporation reports the following year-end balance sheet/income statement data.

Pls Help ASAP; and No, IT is Not 55.19 days. I got the one incorrect

A corporation reports the following year-end balance sheet/income statement data. The company's days sales uncollected for Year 2 is (use 365 days per year):

Year 2

Year 1

Cash

$

38,000

$

32,750

Short-term investments

95,000

62,500

Accounts receivable, net

88,000

82,000

Merchandise inventory

123,500

127,500

Prepaid expenses

12,600

10,200

Plant assets

390,500

340,500

Accounts payable

110,900

110,300

Net sales

562,000

625,000

Cost of goods sold

392,500

377,500

Multiple Choice

114.8 days.

51.40 days.

57.14 days.

47.90 days.

55.19 days.

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