Moyer Company has an inventory turnover of 4.51 . What is Moyer's days' sales in inventory?

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 16, 2024 08:02 AM

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Moyer Company has an inventory turnover of 4.51 . What is Moyer's days' sales in inventory?

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To calculate the days sales in inventory we use the formula Days Sales in Inventory 365 days Inv...View the full answer

Financial Accounting For Undergraduates

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