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Kelley, Inc. provided the following account balances for 2024: Cost of Goods Sold (Cost of sales) $1,300,000 Beginning Merchandise Inventory 330,000 Ending Merchandise Inventory 600,000
Kelley, Inc. provided the following account balances for 2024: Cost of Goods Sold (Cost of sales) $1,300,000 Beginning Merchandise Inventory 330,000 Ending Merchandise Inventory 600,000 Calculate the average number of days that inventory was held by Kelley; Inc. during 2024. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.) O260.71 days O92.64 days 130.36 days O 168.20 days
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