Al's Sport Store has sales of $897,400, costs of goods sold of $228,300, inventory of $108,400, and accounts receivable
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Al's Sport Store has sales of $897,400, costs of goods sold of $228,300, inventory of $108,400, and accounts receivable
Al's Sport Store has sales of $897,400, costs of goods sold of $228,300, inventory of $108,400, and accounts receivable of $74,100. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?