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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash...

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Accounting

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents Accounts receivable Merchandise inventories Prepaid expenses Accounts payable Notes payable other current liabilities $ 9,319 74,922 64,862 5,000 $15,850 91,138 10,400 3:07 If net sales for the current year were $607,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.) Multiple Choice 451 days 45.1 days () 39.0 days O O 65.3 days O 157.1 days O 75.4 days

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