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Question 53

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Joliet's 2009 and 2010 financial statements included the following data:
Use the following information to answer questions  Joliet's 2009 and 2010 financial statements included the following data:     Assume a 360-day year for all calculations. -What is average age of Joliet's inventory for 2010? A)  41.4 days B)  41.5 days C)  44.3 days D)  46.8 days E)  51.4 days
Assume a 360-day year for all calculations.
-What is average age of Joliet's inventory for 2010?


A) 41.4 days
B) 41.5 days
C) 44.3 days
D) 46.8 days
E) 51.4 days

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