Webster, Inc. has sales of $267,000, costs of goods sold of $149,000, and average accounts receivable of $18,400. On average, how long does it take its credit customers to pay for their purchases?
A) 8.10 days
B) 14.51 days
C) 25.15 days
D) 38.81 days
E) 45.07 days
Correct Answer:
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