Question: The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $155,000 Work-in-process inventory $58,000 Finished goods inventory $280,000 Property,

The following data are pulled from a recent Walsh Manufacturing annual report. Assets

Raw material inventory $155,000
Work-in-process inventory $58,000
Finished goods inventory $280,000
Property, plant & equipment $500,000
Other assets $200,000
Total assets $1,193,000

Condensed Income Statement

Revenue $2,750,000
Cost of goods sold $855,000
Other expenses $1,000,000
Net income $895,000

The weeks of supply is about ___ weeks.

A. 26
B. 40
C. 30
D. 17
E. 23

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