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Financial statement information as of the end of each year follows. Inventory Current assets Total assets Net sales Cost of goods sold 2014 2013 $54,000
Financial statement information as of the end of each year follows. Inventory Current assets Total assets Net sales Cost of goods sold 2014 2013 $54,000 $48,000 81,000 106,000 382,000326,000 784,000697,000 306,000277,000 Compute the days in inventory for 2014 64.4 days. 60.8 days. 6 days 24 days
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