Sow Tire, Inc , has sales of $1,450,000 and cost of goods sold of $980,000 The firm had a beginning inventory of $97,000 and an ending inventory of $82,000 What is the length of the days sales in inventory ...

Days sales in inventory DSI is a method to calculate ...

Sow Tire, Inc., has sales of $1,450,000 and cost of goods sold of $980,000. The firm had

Question:

Sow Tire, Inc., has sales of $1,450,000 and cost of goods sold of $980,000. The firm had a beginning inventory of $97,000 and an of $82,000. What is the length of the days’ sales in inventory?

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...