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3. Patton Corporation had the following items on its financial statements for two recent years: Year 2 Year 1 Sales $2,500,000 $2,000,000 Cost of goods

3. Patton Corporation had the following items on its financial statements for two recent years:

Year 2 Year 1
Sales $2,500,000 $2,000,000
Cost of goods sold 1,975,000 1,600,000
Cash 500,000 475,000
Temporary investments 150,000 150,000
Accounts receivable (net) 200,000 175,000
Inventory 325,000 300,000
Accounts payable 450,000 400,000

Based on these data, calculate Patton Corporations number of days sales in inventory for Year 2.

3.2

57.8

5.7

6.3

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