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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

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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

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