Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Hastings Company reported the following: Year 3 Year 2 Year 1 Sales $32,000 $30,080 $28,600 Cost of goods sold 26,200 23,500 22,800 Inventory 1,850
The Hastings Company reported the following: Year 3 Year 2 Year 1 Sales $32,000 $30,080 $28,600 Cost of goods sold 26,200 23,500 22,800 Inventory 1,850 1,600 1,440 What is the company's days in inventory for Year 3? Round your final answer to one decimal place
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started