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 $503,409 Cost of goods sold during year 161,508 Accounts receivable, beginning of year 40,610 Accounts receivable, end of year 53,112 Inventory, beginning of year 34,428 Inventory, end of year 40,260 Oa911 Ob. 779 Oc. 45 Od. 1090
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