The average collection period?

Cash and marketable securities T $400,000 Accounts receivable 1,415,000 Inventories 1.847,500 24,000 Total current assets 3.686.500 Fixed assets 2,800.000 L Less: accum. depr. (1.087.500D Net fixed assets Total assets $5.399.000 Liabilities: Accounts payable -L--------- 600.000 Notes payable 875.00 Accrued taxes 92.00 Total current liabilities 1.567 000 Long-term debt 900.000 Common Stock (100.000 shares) Retained Earnings Total liabilities and owner's $5.399.0 equity Income statement Net sales (all credit $6.375.000 Less: Cost of goods sold Selling and administrative 1000.000) expense 135.000) Depreciation expense Interest expense Earnings before taxes S765.000 $459 000 et income