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Based on the Following Data for the Current Year, What

question 64

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Based on the following data for the current year, what is the number of days' sales in inventory (rounded to the next whole day) ? $1,204,000 Net sales on account during the ye ar 630,000 Cost of merchandise sold chring the year 75,000 Accounts receivable, beginning of year 85,000 Accounts receivable, end of year 81,600 Inventory, beginning of year 98,600 Inventory, end of year \begin{array}{ll}\$ 1,204,000 & \text { Net sales on account during the ye ar } \\630,000 & \text { Cost of merchandise sold chring the year } \\75,000 & \text { Accounts receivable, beginning of year } \\85,000 & \text { Accounts receivable, end of year } \\81,600 & \text { Inventory, beginning of year } \\98,600 & \text { Inventory, end of year }\end{array}


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