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Pascarelli Corporation's inventory at the end of Year 2 was $155,000 and its inventory at the end of Year 1 was $183,000. Cost of goods
Pascarelli Corporation's inventory at the end of Year 2 was $155,000 and its inventory at the end of Year 1 was $183,000. Cost of goods sold amounted to $1, 020,000 in Year 2. The company's average sale period (turnover in days) for Year 2 is closest to: (Assume 365 days a year. Round your intermediate answers to 2 decimal places.) 66.4 days 60.4 days 55.5 days 54.4 days
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