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8. Hardford Company presents the following data for 2018. Net Sales Cost of Goods Sold Gross receivables (ending balance) $ 2.360.108 $ 1,580,360 S 266.700
8. Hardford Company presents the following data for 2018. Net Sales Cost of Goods Sold Gross receivables (ending balance) $ 2.360.108 $ 1,580,360 S 266.700 The days' sales in receivables (rounded) is: A. 53 B. 48 C. 41 D. 38 E. none of the answers are correct 9. Sam Company presents the following data for 2018. Inventories, beginning of year Inventories, end of year Cost of Goods Sold Net Sales The number of days' sales in ending inventory is (rounded): S 310.150 S 340.469 $ 2.103.696 $ 8.690.150 A. 65.8 B. 60.8 C. 59.1 D. 58.1 E. none of the answers are correct 10. Dickens Company presents the following data for 2018. Net Sales, 2018 Net Sales, 2017 Cost of Goods Sold, 2018 Cost of Goods Sold, 2017 Inventory, beginning of 2018 Inventory, end of 2018 $ 3,007,124 $ 93.247 $ 2.000.326 S 1,000.120 $ 341,169 S 376.526 The merchandise inventory turnover for 2018 (rounded)is: A. 5.6 B. 15.6 C. 7.5 D. 7.7 E. none of the answers are correct
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