Question: Can you help me solve this general accounting question using the correct accounting procedures? Carter's Electronics has the following financial information: Sales: $3,200 Cost of

Can you help me solve this general accounting question using the correct accounting procedures?

Carter's Electronics has the following financial information: Sales: $3,200 Cost of Goods Sold (COGS): $2,500 Inventory: $625 Accounts Receivable: $500 Assume that all sales are on credit. Required: How many days, on average, does it take the firm to Sell its inventory? a) 91.3 days b) 102.5 days c) 88.2 days d) 109.1 days

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