Probably the most common type of organizational structure today is:

Selling the rights to use your company's brand name in return for a lump-sum payment and a share of the profits generated is referred to as:

A. Franchising B. Licensing C. Entering a joint venture D. Exporting E. Royalty facilitation

Tanglewood Clothing Store reported the following selected items at June 30, 2017 (last year - 2016 - amounts are also given as needed)

Cash $ 80,000 Accounts Receivable, net: June 30, 2017 June 30, 2016 125,000 153,000 Accounts Payable 45,000 Cost of Goods Sold 475,000 Merchandise Inventory June 30, 2017 June 30, 2016 320,000 280,000 Net Credit Sales Revenue 1,200,000 Long-Term Assets 520,000 Long-Term Liabilities 140,000 Other Current Assets 150,000 Other Current Liabilities 130,000 Short-term Investments 200,000 Compute Tanglewood's days' sales in receivables for 2017. Show your computations. What will be an ideal response