Question
Use the following information regarding Sheffield Corp. and Whispering Winds Corp. to answer the question Which amount is equal to Sheffield Corp.'s days in inventory
Use the following information regarding Sheffield Corp. and Whispering Winds Corp. to answer the question Which amount is equal to Sheffield Corp.'s "days in inventory" for 2022 (to the closest decimal place)? (Use 365 days for calculation.)
| * | Year | Inventory Turnover | Ending Inventory |
|---|---|---|---|
| Sheffield Corp. | 2020 | * | $26520 |
| * | 2021 | 8.0 | $30000 |
| * | 2022 | 7.7 | $31000 |
| * | |||
| Whispering Winds Corp. | 2020 | * | $26060 |
| * | 2021 | 6.4 | $24950 |
| * | 2022 | 6.9 | $22730 |
52.9 days
47.4 days
45.6 days
57.0 days
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Sovereign Debt Crisis The New Normal And The Newly Poor
Authors: D. Chorafas
1st Edition
0230298400, 9780230298408
