Refer to the Following Selected Financial Information from Graceworks, Corp

question 195

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

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Definitions:

Replication

The method whereby a double-helix DNA molecule replicates itself to create two duplicate DNA molecules.

DNA Polymerase

An enzyme that plays a critical role in DNA replication, facilitating the synthesis of a new strand of DNA by adding nucleotides matched to the template strand.

Adds Nucleotides

A process that involves the addition of nucleotide units to a nucleic acid molecule such as DNA or RNA.

Diploid

A cell or organism that has two sets of chromosomes, one from each parent, typical of somatic cells.