Use the selected financial statement data below to calculate the average number of days inventory is in stock for the year 2021 Choose the closest answer 2021 2020 Net sales $250,000 $245,000 Cost of goods sold 130,000 127,000 Cash, 12 31 21,000 40,000 Inventory, 12 31 55,000 90,000 Accounts receivable, 12 31 190,000 140,000 Net income 9,000 8,000 a 154 42 b 258 66 c 190 10 d 203 56

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Question: Use the selected financial statement data below to calculate the average number of days inventory is in stock for the year 2021. Choose the closest

Use the selected financial statement data below to calculate the average number of days inventory is in stock for the year 2021. Choose the closest answer.

	2021	2020
Net sales	$250,000	$245,000
Cost of goods sold	130,000	127,000
Cash, 12/31	21,000	40,000
Inventory, 12/31	55,000	90,000
Accounts receivable, 12/31	190,000	140,000
Net income	9,000	8,000

154.42

258.66

190.10

203.56

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