Question
Blue Temple, Inc. had cost of goods sold for the year of $1,950,000, and the average merchandise inventory for the year is $96,000. Calculate the
Blue Temple, Inc. had cost of goods sold for the year of $1,950,000, and the average merchandise inventory for the year is $96,000. Calculate the days' sales in inventory of the company. (Round your answer to two decimal places.)
Answers:
20.31 days
17.7 days
4.90 days
74.49 days
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
