Question attachwedthanksfnwroin24oin1ion13o21czc Marian Company reported the following items for the month of July:Sales revenue$477,300 Cost of goods soldBeginning inventory$70.600 Ending inventoryDays' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.)OA. 120 daysB. 112 daysOC. 365 daysOD. 128 days$230,000$80,800

A financial ratio called days inventory outstanding (DIO) counts the number of days it takes for a…

Marian Company reported the following items for the month of July: Sales revenue $477,300 Cost of goods sold $230,000 Beginning inventory $70,600 Ending inventory $80,800 Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) OA. 120 days OB. 112 days OC. 365 days OD. 128 days

Marian Company reported the following items for the month of July: Sales revenue $477,300 Cost of goods sold $230,000 Beginning inventory $70,600 Ending inventory $80,800 Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) OA. 120 days OB. 112 days OC. 365 days OD. 128 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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