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The following information is for 2024: Fresh Fruits Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory $52,000 2,700 Ull nerp Cost of Goods
The following information is for 2024: Fresh Fruits Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory $52,000 2,700 Ull nerp Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory $52,000 2,700 1,700 The average days' sales in inventory for the fruit industry is 12 days. How does Fresh Fruit compare to the industry? A. Fresh Fruits is selling its inventory in fewer days than the industry average. B. Not enough information to determine the number of days' sales in inventory. O C. Fresh Fruits is taking more days to sell its inventory than the industry average. my lo B. Not enough information to determine the number of days' sales in inventory. C. Fresh Fruits is taking more days to sell its inventory than the industry average. D. Fresh Fruits is selling its inventory in the same number of days as the industry average. Click to select your
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