Sheffield Company has $145,000 of inventory at the beginning of the year and $131,000 at the end of the year. Sales revenue is $1,972,800, cost of goods sold is $1,145,400, and net income is $248,400 for the year. On average, the number of days to sell inventory is approximately:
A. 203 days.
B. 26 days.
C. 44 days.
D. 61 days.
Answer: C
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