Account Company X Company Y Company Z Cost of goods sold $4,270,000 $8,972,500 $6,778,000 Inventory $ 504,000 $ 747,000 $ 633,600 What is the average number of days to sell inventory for Company Y? Note: Do not round your intermediate calculations. Use 365 days in a year. Multiple Choice 43.1 30.4 34.1 12.0

Account Company X Company Y Company Z Cost of goods sold $4,270,000 $8,972,500 $6,778,000 Inventory $ 504,000 $ 747,000 $ 633,600 What is the average number of days to sell inventory for Company Y? Note: Do not round your intermediate calculations. Use 365 days in a year. Multiple Choice 43.1 30.4 34.1 12.0

Name: Account Company X Company Y Company Z Cost of goods sold $4,270,000$8
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Description: Account Company X Company Y Company Z Cost of goods sold $4,270,000$8,972,500 $6,778, 000 Inventory $ 504,000 $ 747,000 $ 633,600 What isthe average number of days to sell inventory for Company Y? Note: Do notround your intermediate calculations. Us

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question 44 of 50 View Policies Current Attempt in Progress Bramble Corp. has the following data related to an item of inventory: Inventory, March 1 440 units @ $1.80 Purchase, March 7 1390 units @$1.90 Purchase, March 16 340 units @ $1.95 Inventory, March 31 500 units The value assigned to cost of goods sold if Bramble uses FIFO is O $3129. $906. O $3190. O $965. Save for Later
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