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Use the following information regarding Red Company to answer the question Which amount is equal to Red Company's days in inventory for 2016 (to the

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Use the following information regarding Red Company to answer the question "Which amount is equal to Red Company's "days in inventory" for 2016 (to the closest decimal place)?" Year Inventory Inventory Turnover Ending Red Company 2015 $25,860 2016 7.0 24,750 2017 7.5 22,530 43.5 days 48.7 days 42.0 days 52.1 days

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