Question: The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $155,000 Work-in-process inventory $58,000 Finished goods inventory $280,000 Property,
The following data are pulled from a recent Walsh Manufacturing annual report. Assets
| Raw material inventory | $155,000 |
| Work-in-process inventory | $58,000 |
| Finished goods inventory | $280,000 |
| Property, plant & equipment | $500,000 |
| Other assets | $200,000 |
| Total assets | $1,193,000 |
Condensed Income Statement
| Revenue | $2,750,000 |
| Cost of goods sold | $855,000 |
| Other expenses | $1,000,000 |
| Net income | $895,000 |
The weeks of supply is about ___ weeks.
| A. | 26 | |
| B. | 40 | |
| C. | 30 | |
| D. | 17 | |
| E. | 23 |
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