In 2022, Palmeira Company had sales of $3,000,000, cost of goods sold was $2,000,000, net income was $400,000, beginning inventory was $225,000, and ending inventory was $275,000. Calculate Palmeira’s days to sell inventory. (Round your answer to the nearest whole number)
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In 2022, Palmeira Company had sales of $3,000,000, cost of goods sold was $2,000,000, net income was $400,000, beginning inventory was $225,000, and ending inventory was $275,000. Calculate Palmeira’s days to sell inventory. (Round your answer to the nearest whole number)
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