(Answered) Question - excerpts from debnam corporations most recent

Accounting

Question - Excerpts from Debnam Corporation's most recent financial statements appear below:

Cash = 150

Accounts Receivable = $130

Inventory = $160

Prepaid Expenses = $90

Total Current Assets = 530

Total Current Liabilities = $200

Sales = $1,170

Cost of Goods Sold = 700

Find the average sales period (aka days sales in inventory).

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