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Question 21 Guava, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 20X2 20X8 $25,000 $18,000
Question 21 Guava, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 20X2 20X8 $25,000 $18,000 39,000 37,000 61,000 30,000 125,000 92.000 $250,000 $177,000 For the year ending December 31, 20X9: Net Credit Sales $280,000 Cost of Goods Sold (150,000) Gross Profit $130,000 Calculate the days' sales in inventory for 20X9. 148.43 59.31 110.61 73,00
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