Question: Can you help me get the answer 2.67 million with the numbers that has been provided? Thank you. 29. ALT had $25 million in sales
Can you help me get the answer 2.67 million with the numbers that has been provided? Thank you.

29. ALT had $25 million in sales last year. Its cost of goods sold was $15 million and its average inventory balance was $3 million. The average days of inventory in the industry is 65 days. What would ALT's average inventory need to be so that it would meet the industry average? A. $3.33 million OB. $365 million Xc. $4.45 million D. $2.67 million
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