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Thomas Inc. provided the following particulars for year 2015 : Cost of Goods Sold (Cost of sales) $1,800,000 Beginning Merchandise Inventory 325,000 Ending Merchandise Inventory
Thomas Inc. provided the following particulars for year 2015 : Cost of Goods Sold (Cost of sales) $1,800,000 Beginning Merchandise Inventory 325,000 Ending Merchandise Inventory 650,000 Calculate the average number of days that inventory was held by Thomas Inc. during 2015. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal
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