Gibson's has sales for the year of $540,900, cost of goods sold equal to 77 percent of sales, and an average inventory of $79,500. The profit margin is 7 percent and the tax rate is 40 percent. How many days, on average, does it take the company to sell an inventory item? Assume 365 days per year Multiple Choice 63.87 days 74.55 days 53.65 days 6967 days 4877 days