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Early in 2017, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most recent years is listed below: Net sales

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Early in 2017, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most recent years is listed below: Net sales revenue Cost of goods sold Beginning inventory Ending inventory 2016 $250,000 100,000 300,000 100,000 2017 $250,000 100,000 100,000 20,000 By how many days did the days in inventory ratio decrease as a result of the switch to the JIT system? (Rounc inventory turnover to 1 decimal place.) A 212.2 days B 21.4 days c 515.3 days D 365 days

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