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Crane, Inc. had net credit sales of $9700000 and cost of goods sold of $5130000 for the year. The average inventory for the year amounted
Crane, Inc. had net credit sales of $9700000 and cost of goods sold of $5130000 for the year. The average inventory for the year amounted to $2052000. The average days in inventory during the year was approximately. (Round your intermediate calculation to 2 decimal places, e.g. 1.25 and final answer to 0 decimal place, 1,234.)
107 days.
146 days.
77 days.
102 days.
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