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39. For 2017, the average time (360 day year) for Red Company to sell its inventory was: Cost of GoodsSold $225 $234 $192 Ending Inventory

39. For 2017, the average time (360 day year) for Red Company to sell its inventory was: Cost of GoodsSold $225 $234 $192 Ending Inventory Year 2015 2016 2017 $25 $26 $22 Red Company a. 39.8 days b. 40.0 days c. 41.2 days d. 45.0 days

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