Toys "R" had cost of goods sold of $6,900 million. Its ending inventory was $2,000 million. Therefore, its days' sales in inventory was 90 days.

Question

Quizplus · Accepted Answer

The information provided is insufficient to calculate days' sales in inventory as it requires the cost of goods sold and either the beginning inventory or the average inventory, along with the number of days in the period being analyzed.

Toys "R" Had Cost of Goods Sold of $6,900 Million