Gibson's has sales for the year of $537,400, cost of goods sold equal to 70 percent of sales, and an average inventory of $77,400. The profit margin is 8 percent and the tax rate is 21 percent. How many days, on average, does it take the company to sell an inventory item? Assume 365 days per year. 52.57 days 68.84 days 80.46 days 75.10 days 60.08 days