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problem 5 2 points In 2019, Ace Hardware reported the following on its financial statements: Net Income = $11,121 Accounts Payable = $7,755 Cash =
problem 5
2 points In 2019, Ace Hardware reported the following on its financial statements: Net Income = $11,121 Accounts Payable = $7,755 Cash = $1,778 COGS = $71,043 Accounts Receivable = $1,936 Other Short Term Liabilities =$6,566 Short Term Debt = $2,395 Taxes = $3,435 Inventories = $13,925 Dep & Amort Expense = $1,870 Equity = -$1,878 SG& A Expense = $19,760 Other Current Assets = $890 Interest = $974 Long Term Debt = $26,807 What is Ace Hardware's inventory days? Round to whole numbers, so if your response is 123.54 days, enter 124 Your Step by Step Solution
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