Question: Please help Really important. Need 100% correct. Thanks Multiple Choice Question 140 Cheyenne Corp. had net credit sales of $9029000 and cost of goods sold

Please help Really important. Need 100% correct. Thanks

Please help Really important. Need 100% correct. Thanks Multiple Choice Question 140

Multiple Choice Question 140 Cheyenne Corp. had net credit sales of $9029000 and cost of goods sold of $5318000 for the year. The average inventory for the year amounted to $1404000. The average days in inventory during the year was approximately O 57 days. O 76 days. O 96 days. Click if you would like to Show Work for this question: Open Show Work

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!