Sugar, Inc. sells $709,300 of goods during the year that have a cost of $518,600. Inventory was $30,983 at the beginning of the year and $35,238 at the end of the year. How long on average does it take to sell something from inventory after it is purchased? (Use 365 days in a year. Do not round your intermediate calculations. Round your final answer to one decimal place.)

Multiple Choice

• 15.7 days

• 23.3 days

• 17.0 days

• 62.9 days