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The following data are for Aquablue Inc.: Cost of goods sold for the year $5,487,500 Beginning inventory $410,000 Days' sales in inventory 23 days Calculate
The following data are for Aquablue Inc.:
| Cost of goods sold for the year | $5,487,500 |
| Beginning inventory | $410,000 |
| Days' sales in inventory | 23 days |
Calculate the ending inventory.
a.$345,788
b.$389,870
c.$346,536
d.$281,576
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
2nd Edition
0030270995, 978-0030270994
