Question
Anthony Corporation reported the following amounts for the year: Net sales$296,000Cost of goods sold138,000Average inventory50,000 Anthony's average days in inventory is: (Round to the nearest
Anthony Corporation reported the following amounts for the year:
Net sales$296,000Cost of goods sold138,000Average inventory50,000
Anthony's average days in inventory is:(Round to the nearest whole day.)
Multiple Choice
- A: 170 days.
- B: 114 days.
- C: 132 days.
- D151 days.
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad
2nd Canadian edition
133375536, 9780133845396, 133845397, 978-0133375534
