Question: Based on the following data for the current year, what is the number of days' sales in inventory? Net sales on account during year $532,425

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

Net sales on account during year $532,425
Cost of goods sold during year 212,967
Accounts receivable, beginning of year 45,796
Accounts receivable, end of year 52,025
Inventory, beginning of year 30,933
Inventory, end of year 37,746

Do not round interim calculations. Round your final answer up to the nearest whole day.

Select the correct answer.

A 59 days

B 84 days

C 6 days

D 365 days

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