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Current Attempt in Progress The following information was available for Waterway Company at December 31, 2018: beginning inventory $215000; ending inventory $85000; cost of goods
Current Attempt in Progress The following information was available for Waterway Company at December 31, 2018: beginning inventory $215000; ending inventory $85000; cost of goods sold $4380000; and sales $1310000. Waterway's days in inventory in 2018 was O 12.5 days O 7.1 days. O 17.9 days. 41.8 days. Save for Later Attempts: 0 of 1 used Submit Answer 19 A X a Sheffield's Staff Junkets has the following inventory information. July 1 Beginning Inventory 5 Purchases 14 Sale 19 units at $88 125 units at $94 84 units 65 units at $97 53 units 21 Purchases 30 Sale Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis? O $6743 $7241 $6690 $6963
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