Q 14.10: ABC Co.'s receivables decreased from $1,250,000 to $1,150,000 over its most recent fiscal year. Its inventories decreased from $2,250,000 to $2,050,000 over that period. Sales for that year, all on credit, were $19,750,000. Gross profit was 35% of sales. What is their days in inventory? A 64 days B 61 days C 58 days D 40 days