ased on the following information, how many days of supply of inventory is the firm holding $($assume $220$ days of operation per year$)?$ Do not round intermediate calculations. Round your answer to one decimal place.

Sales $$8,400,000$

Cost of goods sold $$6,380,000$

Gross profit $$2,020,000$

Overhead costs $$700,000$

Net profit $$1,320,000$

Total inventory $$2,900,000$

Fixed assets $$3,500,000$

Long$-$term debt $$2,600,000$

Inventory days' supply: days' supply

Interpret your answer if the industry average inventory days' supply is $20$ days. Round your answer to one decimal place.

If the industry average days' supply is $20$ days and this firm's IDS is times more, they

inventory management problems.