Potaw Company reported the following data at the end of 2014: ...
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Accounting
| Potaw Company reported the following data at the end of 2014: |
| Sales revenue (70% on credit) | $ 400,000 |
| Expenses (27% on credit) | 70,000 |
| Accounts receivable, net at December 31, 2014 (a decrease of $9,000 during 2014) | 13,000 |
| Total assets | 300,000 |
| Stockholders' equity | 160,000 |
| The average number of days to collect receivables during 2014 is closest to: (Do not round your intermediate calculations. Use 365 days a year.) |
33.60.
22.81.
11.86.
15.97.
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