FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Inventory analysis
okmarks Window Help 2 Mon Jun 13 9:34 learn snhu edu O 00 v2.cengagenow.com rh +88 ng and learning resource from Cengage Learning C Current Position Analysis The Following Items Are... | Chegg.com eBook Show Me How Inventory Analysis A company reports the following: Cost of goods sold $357,335 Average inventory 64,970 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. a. Inventory turnover days b. Number of days' sales in inventory Next Q
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Transcribed Image Text:okmarks Window Help 2 Mon Jun 13 9:34 learn snhu edu O 00 v2.cengagenow.com rh +88 ng and learning resource from Cengage Learning C Current Position Analysis The Following Items Are... | Chegg.com eBook Show Me How Inventory Analysis A company reports the following: Cost of goods sold $357,335 Average inventory 64,970 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. a. Inventory turnover days b. Number of days' sales in inventory Next Q
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