A company has cost of goods sold of $85,000 and ending inventory of $18,000. Its days sales
Question:
A company has cost of goods sold of $85,000 and ending inventory of $18,000. Its days’ sales in inventory equals:
a. 49.32 days
d. 77.29 days
b. 0.21 days
e. 1,723.61 days
c. 4.72 days.
AppendixLO1
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Financial Accounting Information For Decisions
ISBN: 9780073043753
4th Edition
Authors: John J. Wild
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