A Company Began the Year with $150,000 in Inventory and Ended

Multiple Choice

A company began the year with $150,000 in inventory and ended the year with $170,000 in inventory.Cost of goods sold for the year amounted to $960,000.Assuming 360 days in a year, how long, on average, does it take the company to sell its inventory (to the nearest day) ?

A) 3 days
B) 60 days
C) 6 days
D) 120 days