Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Stoncy Brooke, incorporated, has sales of $970,000 and cost of goods soid of $661,200. The firm had a beginning inwentocy of $36,000 and an ending

image text in transcribed
Stoncy Brooke, incorporated, has sales of $970,000 and cost of goods soid of $661,200. The firm had a beginning inwentocy of $36,000 and an ending invertory of $51,000. What is the length of the inventory perlod? Aswume 365 days per yeac. Mutiple Choice 1960 days 2401 dan 1987 dors 23.68day 16.37 days Stoncy Brooke, incorporated, has sales of $970,000 and cost of goods soid of $661,200. The firm had a beginning inwentocy of $36,000 and an ending invertory of $51,000. What is the length of the inventory perlod? Aswume 365 days per yeac. Mutiple Choice 1960 days 2401 dan 1987 dors 23.68day 16.37 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

School Finance And Business Management Optimizing Fiscal Facility And Human Resources

Authors: Craig A. Schilling, Daniel R. Tomal

2nd Edition

1475844026, 978-1475844023

More Books

Students also viewed these Finance questions

Question

3. Give short, clear directions before, not during, transitions.

Answered: 1 week ago

Question

OUTCOME 6 Explain and give examples of diversity management.

Answered: 1 week ago