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Based on the following data for the current year, what is the number of days' sales in Inventory? Assume 365-day year. Sales on account
Based on the following data for the current year, what is the number of days' sales in Inventory? Assume 365-day year. Sales on account during year $562,382 Cost of goods sold during year 222,194 Accounts receivable, beginning of year 42,870 Accounts receivable, end of year 54,037 Inventory, beginning of year 37,365 Inventory, end of year 35,352 Do not round interim calculations. Round your final answer up to the nearest whole day. Oa. 6 Ob. 365 Oc. 60 Od. 80
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