Toys "R" Us had cost of goods sold of $8,321 million and its ending inventory was $2,027 million. Based on this, its days' sales in inventory is equal to 89 days.
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Q22: Managers are able to make important decisions
Q22: An understatement of the ending inventory balance
Q25: According to IRS requirements, companies are allowed
Q28: It can be expected that companies that
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Q33: GAAP and IFRS differ on the rules
Q36: Errors in the period-end inventory balances only
Q36: Neither GAAP nor IFRS allow inventory to
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