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Question 15 (5 points) The XYZ company has sales of $747,000. The cost of goods sold is equal to 66 percent of sales. Accounts receivable

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Question 15 (5 points) The XYZ company has sales of $747,000. The cost of goods sold is equal to 66 percent of sales. Accounts receivable has a beginning balance of $53,400 and an ending balance of $49,600. How long on average does it take to collect the receivables? (Take two decimal points) 12.56 days 29.05 days 25.17 days 20.44 days 19.17 days

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