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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 8,719 Accounts receivable 71,922 Merchandise inventories 61,862 Prepaid

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 8,719 Accounts receivable 71,922 Merchandise inventories 61,862 Prepaid expenses 4,400 Accounts payable $15,250 Notes payable 88,138 other current liabilities 9,800 If net sales for the current year were $610,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.) Multiple Choice 370 days Saved Help 37.0 days 155.0 days 61.7 days 43,0 days 71.8 days

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