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.)
A) 203.4.
B) 228.4.
C) 179.5.
D) 215.1.
E) 113.3.
A) 203.4.
Explanation: Year 2: $271,000/$486,400 * 365 = 203.4
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