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Bandys Barbeque recorded the following financial results: Fiscal year 2020 Fiscal year 2019 Cash $ 1,200 $ 900 Accounts receivable 6,140 5,890 Inventory 7,850 7,770
Bandys Barbeque recorded the following financial results:
| Fiscal year 2020 | Fiscal year 2019 | |||||
| Cash | $ | 1,200 | $ | 900 | ||
| Accounts receivable | 6,140 | 5,890 | ||||
| Inventory | 7,850 | 7,770 | ||||
| Accounts payable | 9,490 | 8,750 | ||||
| Sales | 229,650 | 215,871 | ||||
| Cost of goods sold | $ | 133,200 | $ | 120,888 | ||
What was the companys inventory period?
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
