Cheree, Inc.'s cost of goods sold for the year is $1,250,000, and the average merchandise inventory...
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Cheree, Inc.'s cost of goods sold for the year is $1,250,000, and the average merchandise inventory for the year is $57,000. Calculate the number of days' sales in inventory for the company. (Use 365 days for any calculations.) OA. 13.68 days OB. 21.93 days OC. 8.21 days OD. 16.64 days Cheree, Inc.'s cost of goods sold for the year is $1,250,000, and the average merchandise inventory for the year is $57,000. Calculate the number of days' sales in inventory for the company. (Use 365 days for any calculations.) OA. 13.68 days OB. 21.93 days OC. 8.21 days OD. 16.64 days
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