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    Fundamental Accounting Principles Study Set 6
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    Exam 17: Analysis of Financial Statements
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    Zhang Company Reported Cost of Goods Sold of $835,000 and Ending
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Zhang Company Reported Cost of Goods Sold of $835,000 and Ending

Question 60

Question 60

Multiple Choice

Zhang Company reported Cost of goods sold of $835,000 and ending Inventory of $41,750.The Days' sales in inventory (rounded to whole days) is:


A) 18 days.
B) 418 days.
C) 10 days.
D) 56 days.
E) 20 days.

Correct Answer:

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