6. A company has cost of goods sold of $85,000 and ending inventory of $18,000. Its days...

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6. A company has cost of goods sold of $85,000 and ending
inventory of $18,000. Its days’ sales in inventory equals
a. 49.32 days. d. 77.29 days.
b. 0.21 day. e. 1,723.61 days.
c. 4.72 days.

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Financial And Managerial Accounting Information For Decisions

ISBN: 9781259726705

7th Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Mar 10, 2024 10:00 AM

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6. A company has cost of goods sold of $85,000 and ending inventory of $18,000. Its days...

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Financial And Managerial Accounting Information For Decisions

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