Use the Table for the Question(s)below

question 89

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:

-Luther Corporation's total sales for 2012 were $610.1, and gross profit was $109.0. Inventory days for 2012 is closest to:

• A)27.5
• B)33.4
• C)153.7
• D)10.9

---

Definitions:

At Least Half True

A phrase indicating that a statement, claim, or proposition contains some measure of truth or accuracy, though it may not be entirely correct.

Federal Trade Commission

A U.S. federal agency with the mission to protect consumers and promote competition, enforcing antitrust and consumer protection laws.

Online Advertising

The practice of using the internet to deliver promotional marketing messages to consumers.

Deceptive

Misleading or likely to mislead or cheat; not presenting the truth completely or accurately.