Use the Table for the Question(s)below

question 16

Multiple Choice

Use the table for the question(s) below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2019.A simplified balance sheet for the firm appears below:
Luther Industries
Balance Sheet
As of December 31,2019
(millions of dollars)
-Luther's inventory days is closest to:

• A)32 days.
• B)59 days.
• C)39 days.
• D)42 days.

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Definitions:

Head of Fibula

The proximal, or top end of the fibula bone, near the knee, which articulates with the tibia and lateral condyle of the femur.

Extensor Digitorum Longus

The Extensor Digitorum Longus is a long muscle located in the anterior compartment of the leg, active in extending the toes and dorsiflexing the foot.

Tibialis Anterior

A muscle located in the anterior compartment of the leg, important for dorsiflexion and inversion of the foot.

Symphysis Pubis

The symphysis pubis is a cartilaginous joint located between the left and right pubic bones near the front of the pelvis, allowing for slight movement to accommodate childbirth.