a. Calculate the days sales in inventory for each company (round to two decimal places). b. Which

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a. Calculate the days€™ sales in inventory for each company (round to two decimal places).
b. Which company will take the longest to sell its current balance ininventory?

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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Question Posted: Jan 08, 2015 09:49 AM

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a. Calculate the days sales in inventory for each company (round to two decimal places). b. Which

Question:

Ending inventory Cost of goods sold Company A S 20,000 345,000 Company B 75,000 540,000 Company C $ 140,000 2,100,000

Step by Step Answer:

a Company A Company B Company C Ending inventory 20...View the full answer

Fundamental Accounting Principles Volume II

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