Based on the following data for the current year, what is the number of days' sales in inventory (rounded to one decimal place) Assume 365 days a year Sales on account during year $488,776 Cost of goods sold during year 195,985 Accounts receivable, beginning of year 40,588 Accounts receivable, end of year 53,549 Inventory, beginning of year 35,376 Inventory, end of year 40,966

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Question: Based on the following data for the current year, what is the number of days' sales in inventory (rounded to one decimal place)? Assume 365

Based on the following data for the current year, what is the number of days' sales in inventory (rounded to one decimal place)? Assume 365 days a year.

Sales on account during year	$488,776
Cost of goods sold during year	195,985
Accounts receivable, beginning of year	40,588
Accounts receivable, end of year	53,549
Inventory, beginning of year	35,376
Inventory, end of year	40,966

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