Solution-What is calculation of the average days to sell

What is calculation of the average days to sell inventory

Reference no: EM133137140

Question - A company has the following year-end information:

	Year 1	Year 2
Sales	$50,000	$75,000
Cost of goods sold	$35,000	$25,000
Gross margin	$15,000	$50,000
Inventory	$12,000	$11,000

Required - What is the calculation of the average days to sell inventory for Year 2?

Reference no: EM133137140

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What is calculation of the average days to sell inventory

Reference no: EM133137140

Reference no: EM133137140

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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