Smith Company Presents the Following Data for 2012 The Number of Days' Sales in Inventory Is:
A)65

question 46

Multiple Choice

Smith Company presents the following data for 2012. $$\begin{array} { l } \text {Inventories, beginning of year}&\$310,150 \\\text {Inventories, end of year}&340,469 \\\text {Cost of Goods Sold}&2,103,696\\\text {Net Sales}&8,690,150\\\end{array}$$ The number of days' sales in inventory is:

• A)65.8.
• B)60.8.
• C)59.1.
• D)58.1.
• E)60.4.

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