From the data below, what is the average number of days to sell inventory?
Current assets
150,000
Total liabilities
300,000
Beginning inventory
38,000
Net sales
126,000
Cost of goods sold
84,000
Ending inventory
46,000
A.
165.9
B.
202.7
C.
182.5
D.
121.7
Explain your answer and show the formula used.
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