Question
Financial statement data at December 31 for Alpine Company are as follows: Line Item Description Amount Cost of goods sold $1,168,000 Inventories: Beginning of year
Financial statement data at December 31 for Alpine Company are as follows: Line Item Description Amount Cost of goods sold $1,168,000 Inventories: Beginning of year 380,000 End of year 320,000 Determine the days sales in inventory for the year. a. 106.4 days b. 118.8 days c. 100.0 days d. 109.4 days
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Accounting Costing And Management
Authors: Riad Izhar, Janet Hontoir
2nd Edition
9780198328230
