Danny D. Inc. had Cost of goods sold of $5,200, net working capital of $120, total current

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Danny D. Inc. had Cost of goods sold of $5,200, net working capital of $120, total current assets of $600, and a quick ratio of 0.8. What are Danny D's days' sales in inventory?

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Question Posted: Jan 24, 2018 06:40 AM

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Danny D. Inc. had Cost of goods sold of $5,200, net working capital of $120, total current

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Computation of the days sales in inventory Given information Cost of goods sold 5200 ...View the full answer

Fundamental Managerial Accounting Concepts

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