Use the following information for the Ephron Company to calculate days-in-stock sales for 2015. 2015 2014 net
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2015 | 2014 | |
net sales | $ 547,500 | $572,000 |
cost of goods sold | 348,500 | 370,840 |
running out of inventory | 75,700 | 81.400 |
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
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