ABC Inc. provided the following data for the current year:

Cost of goods sold $$4,680,000$

Inventory at the beginning of the year

$678,000$

Inventory at the end of the year

$570,000$

What is ABC Inc.$\text{'}$s days' sales in inventory?

Answer rating: 100% (QA)

To calculate ABC Incs days sales in inventory we first need to determine ... View the full answer