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Kelley Company provided the following account balances for 2018: $1,400,000 330,000 640,000 Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory
Kelley Company provided the following account balances for 2018: $1,400,000 330,000 640,000 Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory Calculate the average number of days that inventory was held by Kelley Company during 2018. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.) O A. 126.3 days B. 166.67 days C. 8608 days O D. 253.47 days
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