Multiple Choice
Sales are $75,000, cost of goods sold is $35,000 and inventory is $5,000. What is the number of days' sales in inventory?
A) 7 days
B) 15 days
C) 24 days
D) 52 days
E) 59 days
Correct Answer:
Verified
Related Questions
Q167: Q168: Use the following statement of financial position Q169: A small local company has net income Q170: Rojers Communications Inc. sells for $34.50 and Q171: Martin's Method Acting School has a current Q173: A firm has 5,000 shares of stock Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
