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The following balance sheet information is provided for Patton Company: Assets Year 2 Year 1 Cash $3,000 $2, 600 Accounts receivable $12, 500 $14, 500
The following balance sheet information is provided for Patton Company: Assets Year 2 Year 1 Cash $3,000 $2, 600 Accounts receivable $12, 500 $14, 500 Inventory $26, 500 $33,500 Assuming Year 2 cost of goods sold is $370,000, what is the company's average days to sell inventory? (Use 365 days in a year. Do not round your intermediate calculations.) Multiple Choice O 29.59 days O 26.14 days O 33.05 days O 53.00 days
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