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.) Year 2 Year 1 Merchandise inventory271,000 253,500 Cost of goods sold486,400 433,100
A. 179.5.
B. 228.4.
C. 203.4.
D. 113.3.
E. 215.1.
Answer: C
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