Chapter 1, Problem 20DQ

??!!

I need help with this general accounting problem using proper accounting guidelines.

I am trying to find the accurate solution to this general accounting problem with appropriate explanations.

Please provide the solution to this general accounting question with accurate financial calculations.

The Urban-Tec has sales of $825,000, costs of goods sold of $592,500, inventory of $148,200, and accounts receivable of $69,800. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? A) 74.19 days B) 84.69 days C) 78.07 days D) 91.25 days E) 76.61 days

Solve this general accounting problem

I am looking for the correct answer to this general accounting problem using valid accounting standards.

Please given correct answer for General accounting question I need step by step explanation

Nexus Builders Inc. reported a Cost of Goods Sold (COGS) for the current year of $560,000. During the same period, the Inventory account increased by $25,000, and the Accounts Payable account decreased by $15,000. The amount of cash paid to suppliers for inventory is: A. $520,000 B. $585,000 C. $600,000 D. $535,000