BL Industries has: Ending inventory Annual sales $302,800 $2.33 million Annual cost of goods sold $141 million On average, how long did a unit of inventory sit on the shelf before it was sold?
BL Industries has: Ending inventory Annual sales $302,800 $2.33 million Annual cost of goods sold $141 million On average, how long did a unit of inventory sit on the shelf before it was sold?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:BL Industries has:
Ending inventory
Annual sales
$302,800
$2.33 million
Annual cost of goods sold $141 million
On average, how long did a unit of inventory sit
on the shelf before it was sold?
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