Solved

The Average Days to Sell Inventory Is Calculated as A \frac{365

Question 73

Essay

The average days to sell inventory is calculated as a. 365 days  Ending Inventory Balance \frac{365 \text { days }}{\text { Ending Inventory Balance }}

b. 365 days  Inventory Turnover \frac{365 \text { days }}{\text { Inventory Turnover }}

c. 365 days  Average Inventory Balance \frac{365 \text { days }}{\text { Average Inventory Balance }}

d. 365 days  Cost of Goods Sold \frac{365 \text { days }}{\text { Cost of Goods Sold }}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents