Refer to the Following Selected Financial Information from Graceworks, Corp

question 121

Multiple Choice

Refer to the following selected financial information from Graceworks, Corp. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.) $$\begin{array} { | l | r | r | } \hline & \text { Year 2 } & \text { Year 1 } \\\hline \text { Merchandise inventory } & 271,000 & 253,500 \\\hline \text { Cost of goods sold } & 486,400 & 433,100 \\\hline\end{array}$$

• A) 203.4.
• B) 228.4.
• C) 179.5.
• D) 215.1.
• E) 113.3.

---

Definitions:

Covert Destructive

Behaviors or actions that are hidden or secretive in nature but result in harm or damage either to oneself or others.

Conduct Disorder

A range of antisocial types of behavior displayed in childhood or adolescence.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a persistent pattern of behavior that violates the rights of others or societal norms.

Adoption

The legal process by which an individual assumes the parenting of another, typically a child, from that person's biological or legal parent or parents.