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What hoover days in inventory was

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Reference no: EM132745505

Problem 1: The following information was available for Hoover Company at December 31, 2017: beginning inventory $110,000; ending inventory $70,000; cost of goods sold $1,100,000; and sales $1,600,000. Hoover's days in inventory in 2017 was

a. 29.9 days.
b. 36.5 days.
c. 20.5 days.
d. 23.2 days.

Reference no: EM132745505

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