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 $469,655
Based on the following data for the current year, what is the number of days' sales in inventory? Net sales on account during year $469,655 Cost of goods sold during year 159,331 Accounts receivable, beginning of year 48,457 Accounts receivable, end of year 52,315 Inventory, beginning of year 35,315 Inventory, end of year 36,371 Do not round interim calculations. Round your final answer up to the nearest whole day. Select the correct answer. 4 days 82 days 365 days 115 days
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