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102 (1 point) Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inventory 55,000 25,000 Property, Plant,
102 (1 point) Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inventory 55,000 25,000 Property, Plant, and Equipment, Net 127,000 96,000 $242.00 $180,00 Total Assets For the year ending December 31, 2019: Net Credit Sales Cost of Goods $300,00 (170,00 Sold O $130,00 Gross Profit 0 For the year ending December 31, 2019: $300,00 0 Net Credit Sales Cost of Goods (170,00 Sold $130,00 Gross Profit Calculate the days' sales in inventory for 2019. (Use 365 days for any calculations. Round any intermediate calculations and your final answer to two decimal places.) A) 53.68 B) 118.09 C) 85.88 D) 48.67
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