Dana produces fine chocolates for her retail shop which is open 6 days a week.The sales are R156 000 annually with a cost of goods sold of 45% of sales and inventory of 5%.Calculate the days in inventory and indicate any concerns for the shop considering the national average is 15 days.

Question

Quizplus · Accepted Answer

The Answer of Dana produces fine chocolates for her retail shop which is open 6 days a week.The sales are R156 000 annually with a cost of goods sold of 45% of sales and inventory of 5%.Calculate the days in inventory and indicate any concerns for the shop considering the national average is 15 days.

Dana Produces Fine Chocolates for Her Retail Shop Which Is