Wonka Co. had cost of goods sold of $4,000 million, beginning inventory of $2,500 million and ending inventory of $1,500 million. The days' sales in inventory is:

Name: Wonka Co. had cost of goods sold of $4,000 million, beginning inventory of $2,500 million and ending inventory of $1,500 million. The days' sales in inventory is:
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Question

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Days' sales in inventory is calculated as (Ending Inventory / Cost of Goods Sold) * 365. Using the given values: (1,500 / 4,000) * 365 = 136.8 days.

Wonka Co Had Cost of Goods Sold of $4,000 Million, Beginning