Solved

Use the Following Information for Questions

Question 48

Multiple Choice

Use the following information for questions
Winnipeg Washing Machines reported net credit sales of $12,000,000 and cost of goods sold of $9,000,000 for the year.The average inventory for the year was $2,000,000.
-The days in inventory during the year was


A) 17 days.
B) 61 days.
C) 69 days.
D) 81 days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions