Question Content AreaBased on the following data for the current year, what is the number of days' sales in inventory? Assume 365-day year.Sales on account during year$415,904Cost of goods sold during year201,696Accounts receivable, beginning of year48,891Accounts receivable, end of year46,909Inventory, beginning of year34,594Inventory, end of year37,511Do not round interim calculations. Round your final answer up to the nearest whole day. Based on the following data for the current year, what is the number of days' sales in inventory? Assume 365-day year.Sales on account during yearCost of goods sold during yearAccounts receivable, beginning of yearAccounts receivable, end of yearInventory, beginning of yearInventory, end of yearDo not round interim calculations. Round your final answer up to the nearest whole day.Oa. 365Ob. 87Oc. 6Od. 65$415,904201,69648,89146,90934,59437,511

Name: Question Content AreaBased on the following data for the current year,
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Description: Question Content AreaBased on the following data for the current year, what is the number of days' sales in inventory? Assume 365-day year.Sales on account during year$415,904Cost of goods sold during year201,696Accounts receivable, beginning of year

A financial ratio called days sales in inventory (DSI) shows how long it typically takes for a…

Answered: Based on the following data for the…

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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Question Content Area

Based on the following data for the current year, what is the number of days' sales in inventory? Assume 365-day year.

Sales on account during year	$415,904
Cost of goods sold during year	201,696
Accounts receivable, beginning of year	48,891
Accounts receivable, end of year	46,909
Inventory, beginning of year	34,594
Inventory, end of year	37,511

Do not round interim calculations. Round your final answer up to the nearest whole day.

Based on the following data for the current year, what is the number of days' sales in inventory? Assume 365-day year.
Sales on account during year
Cost of goods sold during year
Accounts receivable, beginning of year
Accounts receivable, end of year
Inventory, beginning of year
Inventory, end of year
Do not round interim calculations. Round your final answer up to the nearest whole day.
Oa. 365
Ob. 87
Oc. 6
Od. 65
$415,904
201,696
48,891
46,909
34,594
37,511

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