(b) Your answer is correct. Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) (c) 2020 86.9 days eTextbook and Media 2021 121.7 days 2022 125.9 days Attempts: unlimited Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%.) Gross profit rate eTextbook and Media Save for Later 2020 % 2021 % 2022 Attempts: unlimited Submit Answer
(b) Your answer is correct. Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) (c) 2020 86.9 days eTextbook and Media 2021 121.7 days 2022 125.9 days Attempts: unlimited Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%.) Gross profit rate eTextbook and Media Save for Later 2020 % 2021 % 2022 Attempts: unlimited Submit Answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![(b)
Your answer is correct.
Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.)
(c)
2020
86.9
days
eTextbook and Media
2021
121.7
days
2022
125.9 days
Attempts: unlimited
Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%.)
Gross
profit
rate
eTextbook and Media
Save for Later
2020
%
2021
%
2022
Attempts: unlimited
Submit Answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F77580d0e-2b48-4a3f-847b-0cf5bf2ec7ba%2Ff8cd4765-09a1-4fc9-ba26-73b85a394449%2Fprdbt2b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(b)
Your answer is correct.
Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.)
(c)
2020
86.9
days
eTextbook and Media
2021
121.7
days
2022
125.9 days
Attempts: unlimited
Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%.)
Gross
profit
rate
eTextbook and Media
Save for Later
2020
%
2021
%
2022
Attempts: unlimited
Submit Answer
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