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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 $155,377; beginning inventory
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $155,377; beginning inventory $119,035; cost of goods sold $349,114 and sales revenue $761,865. Calculate the days in inventory for Oakley, Inc. (Round days in inventory to O decimal places, e.g. 125.) Days in inventory days
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