Question
Multiple Choice Question 138 Sheridan Company had net credit sales of $13011000 and cost of goods sold of $9407000 for the year. The average inventory
Multiple Choice Question 138
Sheridan Company had net credit sales of $13011000 and cost of goods sold of $9407000 for the year. The average inventory for the year amounted to $1444000. The average days in inventory during the year was approximately
A_
| 124 days. |
B_
|
| 265 days. |
C_
|
| 41 days. |
D_
|
| 56 days. |
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser
12th Canadian edition
133098230, 978-0132791564, 132791560, 978-0133098235
