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You are presented with financial information of a company in the table below.: Sales Short-term debt Long-term debt Accounts receivables Fixed Assets Total Assets 2018
You are presented with financial information of a company in the table below.: Sales Short-term debt Long-term debt Accounts receivables Fixed Assets Total Assets 2018 2019 $2,150,005.34 $2,678,451.32 38 $266,124.33 $278,889.44 $326,448.13 $456,487.78 $223,838.79 $297,352.51 $987,488.59 $1,054,224.65 $1,474,225.36 $1,356,887.94 What is the average number of days it takes to collect an account receivable in 2018? 38 margin of error +/- 1
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