39_

if the cost of goods sold is $ 400,000 and credit purchases is $250,000. the inventory balance at 1/1 is $20,000 and at 31/12 is $24,000. the inventory days turnover is

a.

20.1 days

b.

32.12 days

c.

29.2 days

d.

21.9 days

40_

the depreciation expense is shown in the statement of cash flows as

a.

inflow in the operating activities

b.

inflow in the investing activities

c.

outflow in the operating activities

d.

outflow in the investing activities