Solution-What is the number of days sales in average

What is the number of days sales in average inventories

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Reference no: EM132633852

Net Sales $3,600,000

Cost of Goods Sold 2,400,000

Inventories at Jan 1 672,000

Inventories at Dec 31 576,000

Problem 1: What is the number of days' sales in average inventories for the year?

Reference no: EM132633852

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What is the number of days sales in average inventories

Reference no: EM132633852

Reference no: EM132633852

Questions Cloud

Reviews

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Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

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