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Assuming the cost of goods sold is $165,000, what is the company's average number of days to sell inventory in 2012? Balance sheet:::::Cash: 2011----$1500; 2012----$2000
Assuming the cost of goods sold is $165,000, what is the company's average number of days to sell inventory in 2012? Balance sheet:::::Cash: 2011----$1500; 2012----$2000 Accounts Receivable: 2011-----$11,000; 2012----$13,000 Inventory: 2011----$21,000; 2012----$20,000.....................Possible answers: 47.4 days, 45.3 days, 17.8 days, none of these
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