Misty Mountain Outfitters is a merchandiser of specialized fly fishing gear. Its cost of goods sold for Year 2 was $2,676,100, and sales were $3,952,650. The amount of merchandise on hand was $769,000, and total assets amounted to $4,068,000. What is the average number of days to sell inventory? (Round to the nearest day.) (Do not round your intermediate calculations.)
A. 220 days
B. 71 days
C. 69 days
D. 105 days
Answer: D
Business
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