Question: Based on the following data for the current year, what is the days' sales in inventory? Line Item Description Amount Sales on account during year

Based on the following data for the current year, what is the days' sales in inventory?

Line Item Description Amount
Sales on account during year $480,825
Cost of goods sold during year 202,529
Accounts receivable, beginning of year 44,167
Accounts receivable, end of year 48,949
Inventory, beginning of year 39,304
Inventory, end of year 44,222

Assume 365 days a year. Do not round interim calculations. Round your final answer up to the nearest whole day.

a.365

b.75

c.5

d.84

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