a. Galaxy Sales has sales of $746,700, cost of goods sold of $603,200, and inventory of $94,300. How long on average does it take the firm to sell its inventory

days of inventory on hand if 360 days is used = 360 / 6.396607 = 56.28 days

days of inventory on hand if 365 days is used = 365 / 6.396607 = 57.06 days

Explanation:

We are to determine the days of inventory on hand

days of inventory on hand = number of days in a period / inventory turnover

inventory turnover = cost of goods sold / inventory - $603,200 / $94,300 = 6.396607

days of inventory on hand if 360 days is used = 360 / 6.396607 = 56.28 days

days of inventory on hand if 365 days is used = 365 / 6.396607 = 57.06 days

answer; /// i believe the answer is (insider trading)

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.