Accounts receivable from sales transactions were $51,000 at…

Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end of the year. Net income reported on the income statement for the year was $105,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is

Based on the following data for the current year, what is th…

Based on the following data for the current year, what is the number of days’ sales in receivables? Assume 365-Day year. Sales on account during year $541,138 Cost of goods sold during year 159,608 Accounts receivable, beginning of year 43,792 Accounts receivable, end of year 47,825 Inventory, beginning of year 81,952 Inventory, end of year 111,014 Round your answer up to the nearest whole day.