(Answered) Not sure where im going wrong on this one any help is

Economics

Not sure where I'm going wrong on this one. Any help is appreciated.

The following information relates to RAM Corporation:

Accounts receivable $160,000

Total credit sales $2,500,000

Accounts payable $220,000

What is RAM's receivables collection period (DSO)? In your computations, assume there are 360 days in a year.

23.04 days

21.56 days

15.62 days

22.50 days

160.00 days

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