Smith Company Presents the Following Data for 2012 The Number of Days' Sales in Inventory Is:
A)65

Multiple Choice

Smith Company presents the following data for 2012. $\begin{array}{llcc} \text { Inventories, begmning of year} &\$310,150 \\ \text { Inventories, end of year} &340,469\\ \text { Cost of Goods Sold } &2,103,696\\ \text { Net Sales } &8,690,150\\\end{array}$

The number of days' sales in inventory is:

A) 65.8.
B) 60.8.
C) 59.1.
D) 58.1.
E) 60.4.