Beginning inventory $72600 Add: Cost of goods purchased 560000 Cost of goods available for sale 632600 Less: Ending inventory 99000 Cost of goods sold $533600 The average days to sell inventory for Sunland is (Round intermediate calculations to 1 decimal place, e.g. 52.7.) 55.8 days. O 58.9 days. 67.6 days. 49.3 days.
Beginning inventory $72600 Add: Cost of goods purchased 560000 Cost of goods available for sale 632600 Less: Ending inventory 99000 Cost of goods sold $533600 The average days to sell inventory for Sunland is (Round intermediate calculations to 1 decimal place, e.g. 52.7.) 55.8 days. O 58.9 days. 67.6 days. 49.3 days.
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter7: Inventories
Section: Chapter Questions
Problem 4PEA: Beginning inventory, purchases, and sales for 30xT are as follows: Assuming a perpetual inventory...
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