The Blue Star has sales of $387,000,costs of goods sold of $259,000,average accounts receivable of $12,100,and average accounts payable of $12,600.How long does it take for the firm's credit customers to pay for their purchases?
A) 7.67 days
B) 9.24 days
C) 11.41 days
D) 11.88 days
E) 13.81 days
Correct Answer:
Verified
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