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Guava, Inc. provides the following data: 20X9 20X8 Cash $26,000 $19,000 Accounts Receivable, Net 37,000 38,000 Merchandise Inventory Property, Plant, and Equipment, Net Total Assets
Guava, Inc. provides the following data: 20X9 20X8 Cash $26,000 $19,000 Accounts Receivable, Net 37,000 38,000 Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 57,000 25,000 128,000 93,000 $248,000 $175,000 For the year ending December 31, 20X9: Net Credit Sales $270,000 Cost of Goods Sold (160,000) Gross Profit $110.000 Calculate the days' sales in inventory for 20X9. 130.03 O 93.59 55.43 57,03
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