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The following account balances were taken from Er6Y Company's 2024 balance sheets: January 1, 2024 December 31, 2024 Accounts receivable $92,700 $81,900 Inventory $13,800 $29,200
The following account balances were taken from Er6Y Company's 2024 balance sheets: January 1, 2024 December 31, 2024 Accounts receivable $92,700 $81,900 Inventory $13,800 $29,200 The following account balances were taken from Er6Y Company's 2024 income statement: Sales revenue $436,500 Cost of goods sold $313,900 Calculate the average number of days it takes Er6Y Company to collect cash from its customers after making a credit sale.
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