20. Last year, Rocker Company's financial statements showed the following: Beginning inventory $40,825 Average inventory $24,825...

Transcribed Image Text:

20. Last year, Rocker Company's financial statements showed the following: Beginning inventory $40,825 Average inventory $24,825 Cost of goods sold $184,325 Assuming 365 days in a year, what is Rocker's average days' sales in inventory for 2019? a. 45 days b. 65 days c. 107 days d. 83 days 20. Last year, Rocker Company's financial statements showed the following: Beginning inventory $40,825 Average inventory $24,825 Cost of goods sold $184,325 Assuming 365 days in a year, what is Rocker's average days' sales in inventory for 2019? a. 45 days b. 65 days c. 107 days d. 83 days

Answer rating: 100% (QA)

As per given Conditions Average Inventory 408... View the full answer