Dabble, Inc. has sales of $980,000 and cost of goods sold of $640,000. The firm had an average inventory of $46,000. 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.)

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16-06-2024
Business

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Dabble, Inc. has sales of $980,000 and cost of goods sold of $640,000. The firm had an average inventory of $46,000. 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.)

Sagot :

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Dabble, Inc. has sales of $980,000 and cost of goods sold of $640,000. The firm had an average inventory of $46,000. 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.)

Sagot :

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