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chapters 4,5,6 for MGT 211 43) Kelley Company provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory

chapters 4,5,6 for MGT 211 image text in transcribed
43) Kelley Company provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory $1,300,000 340,000 350,000 Calculate the average number of days that inventory was held by Kelley Company during 2018. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.) A) 96.82 days B) 98.38 days C) 95.55 days D) 194.15 days

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