Question
What was the cost of goods sold for Jorge Company, if the days in inventory ratio was 73 days, and the average inventory was $300,000
What was the cost of goods sold for Jorge Company, if the days in inventory ratio was 73 days, and the average inventory was $300,000 for the most recent fiscal year?
a. $750,000
b. $2,000,000
c. $2,500,000
d. $1,500,000
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Managerial Accounting Information For Decisions
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
4th Edition
0324222432, 978-0324222432
