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Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods
Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods sold Ending inventory $55,000 150,000 300,000 12,600 38,000 200,000 126,000 84,000 46,000 What was the average number of days to sell inventory? (Assume 365 days in a year.) Multiple Choice 165.9 202.7 182.5 121.7
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