Santana Company had beginning inventory of $80,000, ending inventory of $110,000, cost of goods sold of $285,000,

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Santana Company had beginning inventory of

$80,000, ending inventory of $110,000, cost of goods sold of $285,000, and sales of $475,000. Santana’s days in inventory is:

(a) 73 days.

(b) 121.7 days.

(c) 102.5 days.

(d) 84.5 days.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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Question Posted: Feb 11, 2024 06:00 AM

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Santana Company had beginning inventory of $80,000, ending inventory of $110,000, cost of goods sold of $285,000,

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Financial Accounting

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