Problem 9-17 You prefer to extend credit on the assumption that you will be paid in full within 48 days of the sales. Firm X has average inventory of $740,000 with all cash sales (no credit sales) of $6,600,000. If you extend credit to this firm, can you expect to be paid on time? Assume 365 days in a year. Round your answer to the nearest whole number. The inventory turnover is 8.92 days, therefore, you can expect to be paid in 48 days