Question: can you please show the steps. i keep getting 9.13 Marigold Company had beginning inventory of $ 112000, ending inventory of $ 128000, cost of

can you please show the steps. i keep getting 9.13

Marigold Company had beginning inventory of $ 112000, ending inventory of $ 128000, cost of goods sold of $ 1095000, and sales of $ 920000. Marigold's days in inventory is: 47.6 days 368 days. 40.0 days 43. 3 days

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Corporation tax return form 1120 . I am trying to do this. But i need check if the final answer is correct. BOOK BALANCE SHEETS Account Cash Accounts receivable Allowance for doubtful accounts...

PLEASE SHOW ALL STEPS AND HOW TO SOLVE.. Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 216,000 $...

Please show the steps as well, thank you. Marlow Company uses a perpetual inventory system. It entered into the following calendar-year 2011 purchases and sales transactions. Units Sold at Retail...

Please show all steps Inventory Costing Methods-Periodic Method Merritt Company uses the periodic inventory system. The following May data are for an item in Merritt's inventory: May 1 Beginning...

May I please get help with 3,4,5 thank you. This is for finance. With adjusting entries Multiple Choice (10 points) 1. An increase in an expense a. increases revenues. b. increases assets. c....

Please show work as soon as possible. Thank you. Alta Ski Company's inventory records contained the following information regarding its latest ski model. The company uses a periodic inventory system....

Baking Company uses an automated process to produce a baking product. For March, the company had the following activities in the pounding department, which is followed by themixing department: Direct...

Can I get help where the red box on the empty boxes please. And If possible show me how to do it Absorption Statement Absorption costing does not distinguish between variable and fixed costs. All...

I need help with this tax return problem. PLEASE, the correct tax return forms MUST be used, which can be found on irs.gov. I would need thorough work on this assignment. Thank you for the help!...

Please help me with this study guide! I'm getting conflicting results with my friends. 1. (15 pts) With the following Income Statement find the following financial ratios: Income Statement - XYZ,...

If a monopoly market were to be transformed into a competitive market, the result would be that a. market output would increase. b. the market would be efficient, once the market reached the...

A long, straight wire carries a current i. A particle having a positive charge q and mass m, kept at a distance xo from the wire is projected towards it with a speed v. Find the minimum separation...

Why are interpersonal skills important to managers at all levels?

In the 1 9 7 0 s , the United States _ _ _ _ _ _ _ _ blank, which requires all publicly traded companies, whether or not they are involved in international trade, to keep detailed records that would...

Asian culture is different from that in the United States. For example, team incentives tend to be more attractive to people in Asia than are individual incentives. How do you think these cultural...

MyManagementLab onlycomprehensive writing assignment for this chapter.

What kinds of things does Gary Wheeler think a diverse workforce can contribute to a company?