The Financial statements of Victor's Natural Foods include the following item:

e. 84 days

Current Year Preceding Year

Balance sheet:

Cash 15,000 20,000

Short-term Investments 11,000 27,000

Net Accounts Receivables 54,000 73,000

Merchandise Inventory 77,000 69,000

Prepaid Expenses 15,000 9,000

Total Current Assets 172,000 198,000

Total Current Liabilities 133,000 93,000

Income Statement:

Net Credit Sales 462,000

Cost of Goods Sold 315,000