Smokey Inc. had $500,000 in sales with a $75,000 gross profit. Additionally, the inventory balance for Years 1 and 2 were $35,000 and $50,000, respectively. What is the number of days in inventory that would be used to determine the operating cycle? 10.0 days 31.0 days 42.9 days 36.5 days None of the answers provided Smokey Inc. had $500,000 in sales with a $75,000 gross profit. Additionally, the inventory balance for Years 1 and 2 were $35,000 and $50,000, respectively. What is the number of days in inventory that would be used to determine the operating cycle? 10.0 days 31.0 days 42.9 days 36.5 days None of the answers provided