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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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![11:52
Module 7 Problem Set
1. BE 14.06 ALGO
2. BE 14.05 ALGO
3. BE.14.11.ALGO
4. BE.14.08.ALGO
5. BE.14.02.ALGO
6. BE 14.04 ALGO
7. BE 14.09.ALGO
8. BE.14.03.ALGO
9. BE.14.10.ALGO
10. BE 14.01 ALGO
Progress: 2/10 items
Assignment Score: 0.0%
cengagenow.com
D2L
000
●
Q5G 80%
Inventory Analysis
A company reports the following:
Cost of goods sold
Average inventory
$440,555
51,830
a. Inventory turnover
b. Number of days' sales in inventory
Check My Work
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.
+ 30
CK
Previous Next>
Email Instructor Save and Exit Submit Assignment for Grading](https://content.bartleby.com/qna-images/question/52bd3cfe-3c9b-40ce-8732-3b0b81ba9280/34ed1ffa-5b15-4e09-8501-31d431a91d10/er06xx_thumbnail.jpeg)
Transcribed Image Text:11:52
Module 7 Problem Set
1. BE 14.06 ALGO
2. BE 14.05 ALGO
3. BE.14.11.ALGO
4. BE.14.08.ALGO
5. BE.14.02.ALGO
6. BE 14.04 ALGO
7. BE 14.09.ALGO
8. BE.14.03.ALGO
9. BE.14.10.ALGO
10. BE 14.01 ALGO
Progress: 2/10 items
Assignment Score: 0.0%
cengagenow.com
D2L
000
●
Q5G 80%
Inventory Analysis
A company reports the following:
Cost of goods sold
Average inventory
$440,555
51,830
a. Inventory turnover
b. Number of days' sales in inventory
Check My Work
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.
+ 30
CK
Previous Next>
Email Instructor Save and Exit Submit Assignment for Grading
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