Splish Brothers Inc. had net credit sales of $13018000 and cost of goods sold of $9332000 for the year. The average inventory for the year amounted to $1450000. The average days in inventory during the year was approximately

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Splish Brothers Inc. had net credit sales of $13018000 and cost of goods sold of $9332000 for the
year. The average inventory for the year amounted to $1450000. The average days in inventory
during the year was approximately
263 days.
123 days.
57 days.
41 days.
Transcribed Image Text:Splish Brothers Inc. had net credit sales of $13018000 and cost of goods sold of $9332000 for the year. The average inventory for the year amounted to $1450000. The average days in inventory during the year was approximately 263 days. 123 days. 57 days. 41 days.
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