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Potaw Company reported the following data at the end of 2019: $470,000 77,000 Sales revenue (808 on credit) Expenses (258 on credit) Accounts receivable, net
Potaw Company reported the following data at the end of 2019: $470,000 77,000 Sales revenue (808 on credit) Expenses (258 on credit) Accounts receivable, net at December 31, 2019 (a decrease of $12,500 during 2019) Total assets Stockholders' equity 16,500 370,000 170,000 The average number of days to collect receivables during 2019 is closest to: (Do not round your intermediate calculations. Use 365 days a year.) The average number of days to collect receivables during 2019 is closest to: (Do not round your intermediate calculations. Use 365 days a year.) Multiple Choice 17.67 22.08 O 12.81 O 30.90
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