Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Current Attempt in Progress Tamarisk, Inc. had the following records: Ending inventory Cost of goods sold 2022 $31650 205600 2021 $38490 224090 What is Tamarisk's

image text in transcribed
Current Attempt in Progress Tamarisk, Inc. had the following records: Ending inventory Cost of goods sold 2022 $31650 205600 2021 $38490 224090 What is Tamarisk's average days in inventory for 2022? (rounded) (Use 365 days for calculation. Round intermediate calculations to 1 decimal place, eg. 12.1) 56.2 days 61.9 days 57.0 days 68.9 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

5th Edition

0730313743, 978-0730313748

More Books

Students also viewed these Accounting questions

Question

=+3. Which factors do influence the procurement management?

Answered: 1 week ago

Question

=+1. Describe the product range in the press sector!

Answered: 1 week ago