Multiple Choice
Mario's Home Systems has sales of $2,800, cost of goods sold of $2,100, inventory of $500, and accounts receivable of $400.How many days, on average, does it take Mario's to sell its inventory?
A) 65.2 days
B) 85.2 days
C) 86.9 days
D) 96.9 days
E) 117.3 days
Correct Answer:
Verified
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