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Kelley Company provided the following account balances for? 2018: Cost of Goods Sold? (Cost of? sales) $1,500,000 Beginning Merchandise Inventory 325,000 Ending Merchandise Inventory 630,000
Kelley Company provided the following account balances for? 2018: Cost of Goods Sold? (Cost of? sales) $1,500,000 Beginning Merchandise Inventory 325,000 Ending Merchandise Inventory 630,000 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.)
A.153.36 days
B.116.24days
C. 79 days
D. 232.48 days
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