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Use the following information for Ephron Company to compute days' sales in inventory for 2015. 2015 2014 Net sales $547,500 $572,000 Cost of goods sold
Use the following information for Ephron Company to compute days' sales in inventory for 2015.
| 2015 | 2014 | |
| Net sales | $547,500 | $572,000 |
| Cost of goods sold | 348,500 | 370,840 |
| Ending inventory | 75,700 | 81,400 |
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Understanding And Conducting Information Systems Auditing
Authors: Arif Ahmed, Veena Hingarh
1st Edition
1118343743, 978-1118343746
