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Question 3 Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on
Question 3 Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on credit. Year 1 Year 2 Accounts receivable $ 150,000 $ 170,000 Inventory 900,000 1,000,000 Accounts payable 1.100.000 1,200,000 1. Accounts receivable days outstanding at the end of Year 2 is closest to: 2. Accounts payable days outstanding at the end of Year 2 is closest to: 3. Days in inventory at the end of Year 2 is closest to
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