B&O Companies has sales of $740,000 and cost of goods sold of $380,000. The firm had a beginning inventory of $58,000 and an ending inventory of $43,000. What is the length of the days' sales in inventory?

B&O Companies has sales of $740,000 and cost of goods sold of $380,000. The firm had a beginning inventory of $58,000 and an ending inventory of $43,000. What is the length of the days' sales in inventory?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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