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Garrett Company provided the following financial information: Inventory balance as of 1/1/2017 $140,000 Inventory balance as of 12/31/2017 $150,000 Net Credit Sales for the year
Garrett Company provided the following financial information: Inventory balance as of 1/1/2017 $140,000 Inventory balance as of 12/31/2017 $150,000 Net Credit Sales for the year 2017 $6,615,625 Cost of Goods Sold for the year 2017 $2,646,250 Calculate the average number of Days in Inventory. O 20.00 days O 18.25 days O 4.56 days 80.00 days
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