uestido 7 pts Brinnley Company has the following financial statements. Assume there were 23,000 shares of common stock outstanding in both years and that the market value of the common stock equaled the amount reflected on the balance sheet What is the Days Sales in A/R for 20X0? Brinnley Company Balance Sheet As of December 31, 20X0 and 20X1 20X0 20X1 Assets Current Assets Cash $3,000 $5,300 Accounts Receivable 3.700 8,000 Inventories 9.300 1,200 Total Current Assets 16,000 14,500 Operating Assets 16,200 14.300 Plant. Property, and Equipment Long-term Notes Receivable 3,900 6,300 Total Assets 36,100 35100 Operating Assets 16.200 Plant, Property, and Equipment Long-term Notes Receivable 14.300 6,300 3,900 36,100 Total Assets 35.100 Liabilities & Stockholders' Equity Current Liabilities 5,300 1,200 Accounts Payable Other Payables 600 2.000 Total Current Liabilities 5.900 3,200 Long-term Liabilities Mortgage Note Payable 18,400 19,000 Total Liabilities 24,300 22,200 Stockholders' Equity Common Stock (no par) 8.900 6,600 2,900 6,300 Retained Earnings Total Liabilities and Stockholders Equity 36,100 35.100 Brinnley Company Income Statement For the years ended December 31, 20X0 and 20X1 20X0 20X1 $29,700 $49,500 (3,000) (5.400) Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Tax Expense Net Income (3.000) (5,000) (4.977) (8.211) 30,889 18,723 45.47 58.99 81.11 6.19 B.03