For the next three questions, use the information provided below.

Inventory:

Beginning = 100,000

Ending = 300,000

Accounts Receivable:

Beginning = 175,000

Ending = 225,000

Accounts Payable:

Beginning = 40,000

Ending = 80,000

Net sales = 1,300,000

Cost of Goods sold = 600,000

Use averages of beginning and ending values to calculate the Inventory Period?

Question 6 options:

	112.3
	3
	121.7
	4.2