Pascarelli Corporation's Inventory at the End of Year 2 Was

question 204

Multiple Choice

Pascarelli Corporation's inventory at the end of Year 2 was $122,000 and its inventory at the end of Year 1 was $150,000. Cost of goods sold amounted to $870,000 in Year 2. The company's average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) 230.1 days
• B) 51.2 days
• C) 57.0 days
• D) 32.3 days