A company generated gross profit of $35,700 on sales of $89,900. The company has average accounts receivable of $22,800, average inventory of $5,000, and average accounts payable of $12,600. Calculate [i] days inventory outstanding and [ii] days payables outstanding.

A company generated gross profit of $35,700 on sales of $89,900. The company has average accounts receivable of $22,800, average inventory of $5,000, and average accounts payable of $12,600. Calculate [i] days inventory outstanding and [ii] days payables outstanding.

[i] 92.57; [ii] 84.85

[i] 92.57; [ii] 33.67

[i] 33.67; [ii] 84.85

[i] 33.67; [ii] 92.57