ABC Inc.provided the following data for the year end: Cost of goods sold
$4,680,000
Inventory at the beginning of the year
678,000
Inventory at the end of the year
570,000

What is ABC Inc.'s days' sale in inventory? (Assume 360 days in a year)
A) 95 days
B) 13 days
C) 60 days
D) 48 days

Question

ABC Inc.provided the following data for the year end: Cost of goods sold
$4,680,000
Inventory at the beginning of the year
678,000
Inventory at the end of the year
570,000
​
What is ABC Inc.'s days' sale in inventory? (Assume 360 days in a year)
A) 95 days
B) 13 days
C) 60 days
D) 48 days

Quizplus · Accepted Answer

The Answer of ABC Inc.provided the following data for the year end: Cost of goods sold
$4,680,000
Inventory at the beginning of the year
678,000
Inventory at the end of the year
570,000
​
What is ABC Inc.'s days' sale in inventory? (Assume 360 days in a year)
A) 95 days
B) 13 days
C) 60 days
D) 48 days

ABC Incprovided the Following Data for the Year End: Cost of of Goods