Pascarelli Corporation's Inventory at the End of Year 2 Was

Multiple Choice

Pascarelli Corporation's inventory at the end of Year 2 was $122,000 and its inventory at the end of Year 1 was $150,000. Cost of goods sold amounted to $870,000 in Year 2. The company's average sale period (turnover in days) for Year 2 is closest to:

A) 230.1 days
B) 51.2 days
C) 57.0 days
D) 32.3 days