Data from Estrin Corporation's most recent balance sheet and income statement appear below: This YearLast YearAccounts receivable$104,000? $102,000? Inventory$150,000? $179,000? Sales on account$706,000?    Cost of goods sold$542,850?    The average sale period for this year is closest to: (Round your intermediate calculations to 2 decimal places.)

A. 101.0 days
B. 110.6 days
C. 58.9 days
D. 50.2 days


Answer: B

Business

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