The financial statements of AZY company for the year 2018 demonstrated the following: Net Incorne $75,000,...

 

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The financial statements of AZY company for the year 2018 demonstrated the following: Net Incorne $75,000, Net credil sales $395,000, Cost of goods sold $280,000, Inventory $85,000, Account receivable $26,000 and Account payable $35,000. In addition, the financial statements for the year 2017 showed that Current liabilities $47,000, Inventory $75,000, Account receivable $24,000, Marketable securities $32,000 and Account payable $30,000. Average days in inventory for the year 2018 is a 78.49 b. 98.65 O c. 110.61 O d. 104.29 The financial statements of AZY company for the year 2018 demonstrated the following: Net Incorne $75,000, Net credil sales $395,000, Cost of goods sold $280,000, Inventory $85,000, Account receivable $26,000 and Account payable $35,000. In addition, the financial statements for the year 2017 showed that Current liabilities $47,000, Inventory $75,000, Account receivable $24,000, Marketable securities $32,000 and Account payable $30,000. Average days in inventory for the year 2018 is a 78.49 b. 98.65 O c. 110.61 O d. 104.29

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