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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $164,000, beginning
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $164,000, beginning inventory $116.000, cost of goods sold $364,000, and sales revenue $764,000. (a1) (a2) Calculate the days in inventory for Oakley, Inc. (Round days in inventory to O decimal places, eg. 125) Days in inventory days eTextbook and Media
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