Scribble, Inc. has sales of $100,000 and cost of goods sold of $75,000. The firm had a beginning inventory of $20,000 and an ending inventory of $22,000. What is the length of the days' sales in inventory?
A) 73.00 days
B) 83.30 days
C) 97.34 days
D) 107.07 days

Question

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The Answer of Scribble, Inc. has sales of $100,000 and cost of goods sold of $75,000. The firm had a beginning inventory of $20,000 and an ending inventory of $22,000. What is the length of the days' sales in inventory?
A) 73.00 days
B) 83.30 days
C) 97.34 days
D) 107.07 days