AdVentures has sales of $528,700, costs of goods sold of $252,100, inventory of $43,900, accounts receivable of $78,900, and accounts payable of $32,400. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

Multiple Choice

• 12.04 days

• 54.47 days

• 46.91 days

• 43.96 days

• 63.56 days