Brian Company's average inventory for 2019 was $22,500 and its inventory turnover for 2019 was 8.25; Brian's 2019 days' sales in inventory (computed to one decimal place) is:
A) 8.5 days
B) 44.2 days
C) 45.8 days
D) 35.5 days
Correct Answer:
Verified
Q79: Use the following information to answer:
The following
Q80: At year-end, The Big Chill Shop has
Q81: At year-end, The Stone Cold Shop has
Q82: For 2019, Nadi Company reported sales of
Q83: For 2019, Kate Company reported sales of
Q85: Anderson Company's average inventory for 2019 was
Q86: Charleston Company uses the periodic inventory system.
Q87: Hill Company uses the periodic inventory system.
Q88: Holiday Company uses the periodic inventory system.
Q89: Elliot Company uses the periodic inventory system.
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