Carlos Company had beginning inventory of ($ 80,000), ending inventory of ($ 110,000), cost of goods sold

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Carlos Company had beginning inventory of $\$ 80,000$, ending inventory of $\$ 110,000$, cost of goods sold of $\$ 285,000$, and sales of $\$ 475,000$. Carlos's days in inventory is:

(a) 73 days.

(c) 102.

5 days.

(b) 121.

7 days.

(d) 84.

5 days.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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Question Posted: Jun 24, 2024 01:06 AM

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Carlos Company had beginning inventory of ($ 80,000), ending inventory of ($ 110,000), cost of goods sold

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Financial Accounting Tools For Business Decision Making

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