Question

The Hill Company reported the following results:

The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement Revenue...

The Hill Company reported the following results:














Year 3
Year 2
Year 1
Income Statement




Revenue10,972
11,598
10,470
Cost of Goods Sold8,942
8,767
7,901
Selling, General & Admin. Expenses2,470
2,611
2,479
Interest expense76
80
28
Net Income(516)
140
62






Balance Sheet




Assets




Cash1,354
1,316
1,880
Prepaid expenses202
522
125
Accounts receivable375
250
231
Inventory745
698
455
Property & equipment (net)20,464
18,810
17,727
Total Assets23,140
21,596
20,418






Liabilities




Accounts payable2,824
743
678
Unredeemed gift cards410
850
636
Notes Payable15,457
18,048
17,024






Stockholders' Equity




Common Stock985
545
815
Retained Earnings3,464
1,410
1,265
Total Liabilities & Equity23,140
21,596
20,418

What is the company's days sales in accounts receivable ratio for Year 3?  Round your final answer to one decimal place.

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