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Use the following information regarding Oriole Company and Bramble Corp. to answer the question Which amount is equal to Oriole Company's days in inventory for
Use the following information regarding Oriole Company and Bramble Corp. to answer the question Which amount is equal to Oriole Company's "days in inventory" for 2022 (to the closest decimal place)? (Use 365 days for calculation.)
* Year Inventory Turnover Ending Inventory Oriole Company 2020 * $26540 * 2021 8.5 $30300 * 2022 8.2 $31300 * Bramble Corp. 2020 * $26120 * 2021 6.9 $25010 * 2022 7.3 $22790
50.0 days 52.9 days 44.5 days 42.9 days
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