Dabble, Inc., has sales of $975,000 and cost of goods sold of $476,000. The firm had a beginning inventory of $33,500 and an ending inventory of $43,500. What is the length of the days' sales in inventory? (Use 365 days a year. Use ending inventory rather than average inventory. Round your answer to 2 decimal places.) Days' sales in inventory days

Dabble, Inc., has sales of $975,000 and cost of goods sold of $476,000. The firm had a beginning inventory of $33,500 and an ending inventory of $43,500. What is the length of the days' sales in inventory? (Use 365 days a year. Use ending inventory rather than average inventory. Round your answer to 2 decimal places.) Days' sales in inventory days

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 46E

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