Silicon Valley Company had cost of goods sold for the year of $1,600,000. Merchandise inventory at the

Question:

Silicon Valley Company had cost of goods sold for the year of $1,600,000. Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000. The average number of days that the inventory was held during the year was
25.0 days
39.6 days
54.6 days
None of these answers are correct.
45.6 days
8.0 days