Question
Scribble, Inc. has sales of $88,000 and cost of goods sold of $72,000. The firm had a beginning inventory of $18,000 and an ending inventory
Scribble, Inc. has sales of $88,000 and cost of goods sold of $72,000. The firm had a beginning inventory of $18,000 and an ending inventory of $20,000. What is the length of the days' sales in inventory? (Round your answer to 2 decimal places.)
A)101.39 days
B)91.25 days
C)82.95 days
D)74.66 days
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
