Question
assume a firms nventory level of $19,000 represents 22 days' sales. required: A. what is the annual cost of goods sold? (use 365 days in
assume a firms nventory level of $19,000 represents 22 days' sales.
required:
A. what is the annual cost of goods sold? (use 365 days in a year. do not round intermediate calculations. round your answer to whole number.)
B. what is the inventory turnover ratio? (round your answer to 2 decimal places.)
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
