Question: Question 25 (4 points) For its most recent year a company had Sales (all on credit) of RM830,000 and Cost of Goods Sold of RM525,000.

Question 25 (4 points) For its most recent year a company

Question 25 (4 points) For its most recent year a company had Sales (all on credit) of RM830,000 and Cost of Goods Sold of RM525,000. At the beginning of the year its Accounts Receivable were RM80,000 and its Inventory was RM100,000. At the end of the year its Accounts Receivable were RM86,000 and its Inventory was RM110,000.On average how many days of sales were in Inventory during the year? 73 85 14 46

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