Refer to the following selected financial information from Graceworks, Corp. Compute the company’s days’ sales in inventory for Year 2. (Use 365 days a year.)

Year 2 Year 1
Merchandise inventory 286,000 268,500
Cost of goods sold 471,400 418,100

A. 221.5

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B. 227.5

C. 249.7.

D. 234.4

E. 207.9

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