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Refer to the following selected financial information from Graceworks, Corp. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.)

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Refer to the following selected financial information from Graceworks, Corp. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.) Year 2 $274,000 $483,400 Year 1 $256,500 $430,100 Merchandise inventory Cost of goods sold O 232.5 O 206.9 O 193.7 O 2177 O 212.0

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