A company has sales of $5,417,000,a gross profit ratio of 35%,ending merchandise inventory of $201,425,and total current assets of $1,539,600.What is the days sales' in inventory ratio for the year?
A)6.10
B)20.88
C)26.15
D)22.67
E)15.77

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The Answer of A company has sales of $5,417,000,a gross profit ratio of 35%,ending merchandise inventory of $201,425,and total current assets of $1,539,600.What is the days sales' in inventory ratio for the year?
A)6.10
B)20.88
C)26.15
D)22.67
E)15.77

A Company Has Sales of $5,417,000,a Gross Profit Ratio of 35%,ending