Question: use balance sheet to answer question thank you so much Using the financial statements prepared in part k, determine approximately how many days on average

the financial statements prepared in part k, determine approximately how many days

use balance sheet to answer question

thank you so much

on average an item of merchandise remains in stock before it is

Using the financial statements prepared in part k, determine approximately how many days on average an item of merchandise remains in stock before it is sold. You may assume that the company's ending merchandise inventory balance on December 31 is a close approximation of its average merchandise inventory balance throughout the year. 4 k. (continued) MUSIC-IS-US Balance Sheet As of December 31, 2018 COMPREHENSIVE PROBLEM MUSIC-IS-US (continued Using the financial statements prepared in part k, determine approximately how many days on average an item of merchandise remains in stock before it is sold. You may assume that the company's ending merchandise inventory balance on December 31 is a close approximation of its average merchandise inventory balance throughout the year. 4 k. (continued) MUSIC-IS-US Balance Sheet As of December 31, 2018 COMPREHENSIVE PROBLEM MUSIC-IS-US (continued

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