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Booker Corporation had the following comparative current assets and current liabilities: Dec. 31/2017 Dec 31, 2016 Current assets Cash $ 60,000 $ 30,000 Short-term investments

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Booker Corporation had the following comparative current assets and current liabilities: Dec. 31/2017 Dec 31, 2016 Current assets Cash $ 60,000 $ 30,000 Short-term investments 40,000 10,000 Accounts receivable 55,000 95,000 Inventory 110,000 90,000 Prepaid expenses 35.000 20,000 Total current assets $ 300,000 $ 245,000 Current liabilities $ 140,000 $ 110,000 40,000 30.000 Accounts payable Salaries payable Income tax payable Total current liabilities 20.000 15.000 $155,000 $200,000 During 2017. credit sales and cost of goods sold were $750,000 and $400.000, respectively, During 2017, credit sales and cost of goods sold were $750,000 and $400,000, respectively. Compute the Average Days to Sell Inventory for 2017. O a. 95.25 Days 91.25 Days Ob. . 80.20 Days None of these O d

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