In 2011,how many days on average did it take Bayside to sell its inventory?
A)126.1 days
B)127.9 days
C)153.8 days
D)176.5 days
E)178.9 days

Name: In 2011,how many days on average did it take Bayside to sell its inventory? A)126.1 days B)127.9 days C)153.8 days D)176.5 days E)178.9 days
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Question

Quizplus · Accepted Answer

Inventory turnover for 2011 = $4,060 F1F1F1S1F1F1F10 $1,990 = 2.04;Days' sales in inventory = 365 F1F1F1S1F1F1F10 2.04 = 178.9 days

In 2011,how Many Days on Average Did It Take Bayside