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 $420,936
Based on the following data for the current year, what is the number of days' sales in inventory? Net sales on account during year $420,936 Cost of goods sold during year 186,704 Accounts receivable, beginning of year 44,730 Accounts receivable, end of year 46,017 Inventory, beginning of year 39,188 Inventory, end of year 38,234 Do not round interim calculations. Round your final answer up to the nearest whole day. Select the correct answer. 76 days 365 days 5 days 89 days
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