Comfy Home is a retail business selling a broad range of homeware, kitchen, and electrical appliances to consumers and small businesses. In addition to the home and kitchen appliances, Comfy Home makes and sells home decorating items including artisanal candles and holiday arrangements. The company has two stores located in the small city of Warmtown, USA. Its downtown store offers decorating services to the banks and small businesses in the vicinity. Tenisa Singh handles the candle making and decorating side of the business while Randolf Singh manages the stores. The business is wholly owned by Tenisa and Randolf Singh and was started by the couple in 2014. Comfy Home uses US GAAP for accounting purposes.

At the end of 2017, Comfy Home is performing a ratio analysis. Using the financial statements provided, please calculate the following ratio for Comfy Home:

Days inventory

Note: round your answer to two decimal places.

COMFY HOME COMPANY Balance Sheet As of December 31, 2016 Current Assets: Current Liabilities: Cash S 110,000 Accounts Payable $ 90,000 Accounts receivable S 140,000 Salaries and wages payable $ 20,000 Inventories S 310,000 Current portion of bank loan $ 45,000 Prepaid expenses S 25,000 Deferred revenue $ 15,000 Total Current Assets $ 585,000 Total Current Liabilities $ 170,000 Non-Current Assets: Non-Current Liabilities: Furniture and fixtures s 120,000 Bank Loan $ 300,000 Buildings and property S 450,000 Total Non-Current Liabilities $ 300,000 (Accumulated Depreciations (154,000) Total Non-Current Ass $ 416,000 Owners' Equity: Contributed Capital $ 250,000 Retained earnings $ 281,000 Total Equity $ 531,000 Total Assets $ 1,001,000 Total Liabilities and Owners'] $ 1,001,000 COMFY HOME COMPANY COMFY HOME COMPANY Balance Sheet Income Statement As of December 31, 2017 For the year ending December 31, 2017 Current Assets: Current Liabilities: Total Revenue $ 1,602,000 Cash S 143,000 Accounts Payable $ 196,000 Cost of Goods Sok $ 985,000 Accounts receivable S 178,000 Salaries and wages payable $ 30,000 Gross Profit $ 617,000 Inventories S 358,000 Current portion of bank loan $ 45,000 Salaries and wages $ 199,000 Prepaid expenses S 33,000 Deferred revenue $ 18,000 Marketing expense $ 46,000 Total Current Assets $ 712,000 Total Current Liabilities $ 289,000 Selling, General, a $ 98,000 Insurance expense $ 48,000 Non-Current Assets: Non-Current Liabilities: Depreciation exper $ 44,000 Furniture and fixtures $ 150,000 Bank Loan $ 255,000 Operating Profit $ 182,000 Buildings and property S 540,000 Total Non-Current Liabilities $ 255,000 Interest expense $ 30,000 (Accumulated Depreciations (198,000) Taxes $ 33,000 Total Non-Current Ass $ 492,000 Owners' Equity: Net Income $ 119,000 Contributed Capital $ 260,000 Retained earnings $ 400,000 Total Equity $ 660,000 Total Assets $ 1,204,000 Total Liabilities and Owners' $ 1,204,000