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

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Carlos Company had beginning inventory of $80,000, ending inventory of $110,000, cost of goods sold of $285,000, and sales of $475,000. Carlos’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 And Managerial Accounting

ISBN: 9781118004234

1st Edition

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

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Question Posted: Feb 11, 2024 03:00 AM

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

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Financial And Managerial Accounting

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