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3. Sales Revenue: $152,000 Cost of sales: $92,000 Inventories: $25,000 Accounts Payable: $12,000 According to data above, which one of the following is true for

3. Sales Revenue: $152,000 Cost of sales: $92,000 Inventories: $25,000 Accounts Payable: $12,000 According to data above, which one of the following is true for days of inventory on hand?

a) 35 days b) 45 days c) 98 days d) 68 days

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