Ulrich had cost of goods sold of $6.7 million, ending inventory of $2.2 million, and average inventory of $1.9 million. Its days' sales in inventory equals (round your final answer to the nearest whole number):
a. 120.
b. 35.
c. 104.
d. 60.
e. 180.

Question

25-06-2024
Business

Answered

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Ulrich had cost of goods sold of $6.7 million, ending inventory of $2.2 million, and average inventory of $1.9 million. Its days' sales in inventory equals (round your final answer to the nearest whole number):
a. 120.
b. 35.
c. 104.
d. 60.
e. 180.

Sagot :

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