At the end of FY 2018, Mignon Corporation financial statements show an ending inventory of $100,000.
Question:
– At the end of FY 2018, Mignon Corporation financial statements show an ending inventory of $100,000.
– The COGS as reported in the Income Statement: $300,000 Task: compute Mignon Corporation Days’ sale-to-inventory in FY 2018
(a) 3.0
(b) 122
(c) 212
(d) 0.3
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Auditing Assurance Services And Forensics A Comprehensive Approach
ISBN: 9783319905204
1st Edition
Authors: Felix I. Lessambo
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