Multiple Choice
A company has $72,500 in inventory at the beginning of the accounting period and $65,500 at the end of the accounting period.Sales revenue is $986,400,cost of goods sold is $572,700,and net income is $124,200 for the accounting period.On average,this company has inventory on hand for approximately:
A) 203 days.
B) 44 days.
C) 61 days.
D) 26 days.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: A company has a debt to assets
Q37: Judging only from the ratios below,which of
Q38: Use the information above to answer the
Q39: Use the information above to answer the
Q41: The ratio that measures how many times
Q42: Which of the following ratios is used
Q43: Which of the following is a profitability
Q45: Use the information above to answer the
Q146: Which of the following ratios is calculated
Q174: If an analyst wants to examine a