Question Content Area

Based on the following data for the current year, what is the number of days' sales in receivables (rounded to one decimal place)? Assume 365 days a year.

Sales on account during year	$493,463
Cost of merchandise sold during year	170,576
Accounts receivable, beginning of year	40,446
Accounts receivable, end of year	47,225
Merchandise inventory, beginning of year	91,606
Merchandise inventory, end of year	101,177

a.74.8 days

b.71.3 days

c.126.2 days

d.32.4 days