Textile Macao has sales of $923,000, cost of goods sold of $750,000, and accounts receivable of...

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Textile Macao has sales of $923,000, cost of goods sold of $750,000, and accounts receivable of...

Textile Macao has sales of $923,000, cost of goods sold of $750,000, and accounts receivable of $100,000.
How long on average does it take the firm's customers to pay for their purchases?
A. 9.23 days
B. 11.28 days
C. 25.01 days
D. 39.54 days
E. 45.33 days

business accounting

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