Multiple Choice
The following information was available for Camara Company at December 31, 2014: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $560,000; and sales $800,000. Camara's days in inventory in 2014 was
A) 45.6 days.
B) 54.5 days.
C) 65.2 days.
D) 77.7 days.
Correct Answer:
Verified
Correct Answer:
Verified
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