Marian Company reported the following items for the month of July: Sales revenue $470,300 Cost of goods sold $225,000 Beginning inventory $74,500 Ending inventory $84,700 Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) A. 121 days B. 365 days C. 129 days D. 137 days

Marian Company reported the following items for the month of July: Sales revenue $470,300 Cost of goods sold $225,000 Beginning inventory $74,500 Ending inventory $84,700 Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) A. 121 days B. 365 days C. 129 days D. 137 days

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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