Multiple Choice
The following information was available for Camara Company at December 31, 2017: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $630,000; and sales $900,000. Camara's days in inventory in 2017 was
A) 40.6 days.
B) 46.2 days.
C) 57.9 days.
D) 68.9 days.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: A company just starting in business purchased
Q30: Carryable CDs has the following inventory
Q31: Snug-As-A-Bug Blankets has the following inventory
Q32: Dobler Company uses a periodic inventory
Q36: Hoover Company had beginning inventory of $15,000
Q37: Specific Identification can be used for inventory
Q38: Charlene Cosmetics Company just began business
Q59: A company may use more than one
Q96: Which of the following terms best describes
Q204: Management may choose any inventory costing method