Brooke Industries has sales of $860,000 and cost of goods sold of $490,000.The firm had a beginning inventory of $98,000 and an ending inventory of $112,000.What is the length of the inventory period?
A) 4.67 days
B) 5.21 days
C) 44.56 days
D) 78.21 days
E) 21.59 days
Correct Answer:
Verified
Q54: Bruceton Farm Markets currently has an operating
Q56: HM Industries has a beginning receivables balance
Q57: Baker Industries has a 45 day accounts
Q58: A firm currently has a 36 day
Q60: Dywer Metals has an inventory turnover of
Q61: Toni's has a net cash inflow for
Q62: Birds Unlimited has a 45 day accounts
Q63: Jupiter stores had a Quarter 2 beginning
Q64: Fourth Bank offers Auto Corner a $150,000
Q70: A firm has an inventory turnover rate
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