Use the Table for the Question(s)below

Multiple Choice

Use the table for the question(s) below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2006.A simplified balance sheet for the firm appears below:
Luther Industries
Balance Sheet
As of December 31,2006
(millions of dollars)
-Luther's Inventory days is closest to:

A) 32 days
B) 59 days
C) 39 days
D) 42 days