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The following information was available for Marigold Corp. at December 31, 2017: beginning inventory $87000; ending inventory $122000; cost of goods sold $632000; and sales
The following information was available for Marigold Corp. at December 31, 2017: beginning inventory $87000; ending inventory $122000; cost of goods sold $632000; and sales $872000. Marigold days in inventory (rounded) in 2017 was(Round intermediate calculation to 1 decimal place, e.g. 1.2.)
70.2 days.
44.0 days.
50.0 days.
60.8 days.
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