Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sheridan Company had the following records: 2022 2021 Ending inventory $ 32650 $ 41490 Cost of goods sold 240100 220490 What is Sheridan's average days
Sheridan Company had the following records: 2022 2021 Ending inventory $ 32650 $ 41490 Cost of goods sold 240100 220490 What is Sheridan's average days in inventory for 2022?(rounded) (Use 365 days for calculation. Round intermediate calculations to 1 decimal place, e.g. 12.1.) 56.2 days 49.3 days O 61.9 days O 62.9 days
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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