The following Information should be used to answer all of the remaining questions. Suppose that you are given the following partially complete income statement and balance sheet for Rainbow Company: Assets Current Assets Cash Accounts Receivable Inventory Other Current Assets Total Current Assets Rainbow Company Balance Sheet (in millions of dollars) Liabilities and Equity Current Liabilities S 84 Accrued wages and taxes $ 462 Accounts Payable 601 Notes Payable 13 Total Current Listite 72 252 36 Long-term Debt Other Loirm Liabilities Total abilities Debt) 760 10 915 Fixed Axels Plant, Property & Equip Other Foxed Assets Tot Fixed Asset Stockholders Equity Commu Stod Retained aming Total Shade 564 10 Rainbow Company 2019 Income Statement Rainbow Company 2019 Income Statement (in millions of dollars) Net Sales $ 2,709 Cost of Goods Sold 1,702 Depreciation 80 SGA Expenses 110 R&D Expenses 56 EBIT Interest Expense 78 Taxable Income 2 Taxes 273 Net Income 2 Common Stock Dividends Addition to Retained Earnings Further, assume the following: The firm pays out 60% of its net income as a dividend to its common stockholders . The firm has 130 million shares outstanding 80% of Net Sales are credit sales The market price per share is $22.49 Question 25 1 pts What is the firm's days' sales in inventory? Assume a 365-day year. (Round your answer to two decimal places.)