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The financial data of a firm during the past year is as follows: (all values are in millions of dollars)
Gross income: 15.3
Total sales: 12.7
Total credit sales: 8.8
Net income: 3.1
Cost of goods sold: 7.8
Total assets: 19
Average inventory: 1.7
Average receivables: 3.4
Compute the average receivables in terms of "days of receivables" (= 365 * average receivables / annual credit sales)
(provide 3 significant digits)
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Choose a company that is either big enough or local enough to be research-able
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