Question

A company has $72,500 in inventory at the beginning of the accounting period and $65,500 at the end of the accounting period. Sales revenue is $986,400, cost of goods sold is $572,700, and net income is $124,200 for the accounting period. On average, the number of days to sell inventory is approximately:

A) 203.

B) 44.

C) 61.

D) 26.

Answer

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