A company has an average inventory on hand of $90,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?
A) $900,000
B) $2,102,400
C) $2,106,000
D) $1,051,200

Question

Quizplus · Accepted Answer

The Answer of A company has an average inventory on hand of $90,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?
A) $900,000
B) $2,102,400
C) $2,106,000
D) $1,051,200

A Company Has an Average Inventory on Hand of $90,000