By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details 1. COST OF GOODS SOLD = 485,000 (IS) 2. INVENTORY = $ 40,000 (BS) This means on Avg the Selling Period (ASP) is about - a a. 48 Days b.30 days C. 29 Days d. 43 Days