Gibson's has sales for the year of $536,900, cost of goods sold equal to 69 percent of sales, and an average inventory of $77300. The profit margin is 7 percent and the tax rate is 38 percent. How many days, on average, does it take the company to sell an inventory item? Assume 365 days per year, Multiple Choice 796 days 52.41 days 53.17 days 101