Q4. REI (Recreational Equipment Inc)'s 2022 financial report shows a COGS (Cost of Sales) of $1,981,654 and inventory of $ 621,678 (all in thousands). On average, how long (in days) does product stay in REI's inventory before it gets sold?.
Q4. REI (Recreational Equipment Inc)'s 2022 financial report shows a COGS (Cost of Sales) of $1,981,654 and inventory of $ 621,678 (all in thousands). On average, how long (in days) does product stay in REI's inventory before it gets sold?.
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![Question 4
Q4. REI (Recreational Equipment Inc)'s 2022 financial report shows a COGS (Cost of Sales) of
$1,981,654 and inventory of $ 621,678 (all in thousands). On average, how long (in days) does a
product stay in REI's inventory before it gets sold?.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd75ec3d1-67dd-48d9-b75d-8abdff2504c8%2Fb0b7e4d1-8842-4792-96c5-1ec90f0feebd%2Fma7774q_processed.png&w=3840&q=75)
Transcribed Image Text:Question 4
Q4. REI (Recreational Equipment Inc)'s 2022 financial report shows a COGS (Cost of Sales) of
$1,981,654 and inventory of $ 621,678 (all in thousands). On average, how long (in days) does a
product stay in REI's inventory before it gets sold?.
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