Meadowlane Furnishings had a beginning inventory of $105,000, an ending inventory of $147,000, a cost of goods sold of $325,000, and a sales revenue of $510,000. What is Meadowlane’s days in inventory?
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Meadowlane Furnishings had a beginning inventory of $105,000, an ending inventory of $147,000, a cost of goods sold of $325,000, and a sales revenue of $510,000. What is Meadowlane’s days in inventory?
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- What is the days in inventory of this accounting question?The ending inventory of Sienna Traders Ltd. is $52,000. If the beginning inventory was $78,000 and goods available for sale totaled $130,000, what is the cost of goods sold?If PetCo had net sales of $600,000, goods available for sale of $450,000, and cost of goods sold of $375,000, what is its grossmargin? What amount of inventory will be shown on its balance sheet?
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