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Agnes Company reported the following data: Quick assets $48,000 Current assets 143,000 Total liabilities 293,000 Average net receivables 14,300 Beginning inventory 31,000 Long-term liabilities 193,000
Agnes Company reported the following data: Quick assets $48,000 Current assets 143,000 Total liabilities 293,000 Average net receivables 14,300 Beginning inventory 31,000 Long-term liabilities 193,000 Net credit sales 119,000 Cost of goods sold 77,000 Ending inventory 39,000 What was the average number of days to sell inventory? (Round intermediate computations to two decimal places. Assume 365 days in a year.)
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