Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 11, 2024

Scribble, Inc has sales of $100.000 and cost of goods sold of $75.000 The firm had a beginning inventory of $20,000 and an ending inventory

Scribble, Inc has sales of $100.000 and cost of goods sold of $75.000 The firm had a beginning inventory of $20,000 and an ending inventory of $22.000 What is the length of the days sales in inventory

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Managerial Accounting

Authors: Peter Brewer, Ray Garrison, Eric Noreen

7th edition

978-0078025792

Students also viewed these Finance questions

Question

28. An image is partitioned into 2 regions-one white and the other black. A reading taken from a randomly chosen point in the white section will give a reading that is normally distributed with = 4...

Answered: 1 week ago

Question

★★★★★

Gaelic Industries Inc. is an athletic footware company that began operations on January 1, 2016. The following transactions relate to debt investments acquired by Gaelic Industries Inc., which has a...

Answered: 1 week ago

Question

★★★★★

Can anyone help me out? I have been thinking for a long time. Thanks very much! THE VALUE OF A FIRM OR PROJECT IS 150 THAT CAN GO UP OR DOWN BY 20% PER PERIOD FOR TWO PERIODS. THE RISK FREE RATE IS...

Answered: 1 week ago

Question

★★★★★

Write a memo to the management of Fibre Optics Ltd whether $3 million worth of equipment will be purchased at the end of the third quarter. Suggest any plausible recommendations.

Answered: 1 week ago

Question

★★★★★

In the field of computer networking there is an imprecise relationship between the level of use of a network communication bandwidth and the latency experienced in peer-to-peer communication. Let X~...

Answered: 1 week ago

Question

★★★★★

Time Left: 09:2 Uncategorized i Question Type: MCQ Question No. 14. Mark/s: 4.00 | Negative Mark/s: 0.00 A manufacturing firm would like to develop an aggregate plan for the next quarter. Data...

Answered: 1 week ago

Question

★★★★★

What is the correct way to pass a vector through this method declaration in C++? Where would it go exactly and what is the syntax for it? Thank you! void MergeSort (SortBy sortBy);

Answered: 1 week ago

Question

★★★★★

The use of loyalty programs in the marketplace allows companies to collect more and more data on customers. Some consumers do not realize this information is being compiled and used to market to...

Answered: 1 week ago

Question

★★★★★

(x) Consider the one-dimensional (1D) discrete system with linear springs depicted in Figure 1 for which we have the following data: 1) Boundary conditions (fixed support): U1 = 0, 42 = 0 2) External...

Answered: 1 week ago

Previous Question Next Question