Based on the Following Information: What Is the Company's (1)

Multiple Choice

Based on the following information: what is the company's (1) inventory turnover; (2) average daily cost of goods sold; and (3) number of days' sales in inventory for the current year? Use a 365-day year.

A) (1) 14.33 times (2) $589.04
(3) 24.5 days
B) (1) 23.88 times (2) $589.04
(3) 15.3 days
C) (1) 13.43 times (2) $597.22
(3) 26.8 days
D) (1) 14.33 times (2) $597.22
(3) 25.1 days