Dabble, Inc. has sales of $976,000 and cost of goods sold of $511,000. The firm had anaverage inventory of $44,000.What is the length of the days' sales in inventory? (Use 365 days a year. Round youranswer to 2 decimal places.)Days' sales in inventorydays

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Answered: Dabble, Inc. has sales of $976,000 and…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Dabble, Inc. has sales of $976,000 and cost of goods sold of $511,000. The firm had an average inventory of $44,000. What is the length of the days' sales in inventory? (Use 365 days a year. Round your answer to 2 decimal places.) Days' sales in inventory days