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    Exam 13: Analyzing and Interpreting Financial Statements
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    Zhang Company Reported Cost of Goods Sold of $835,000, Beginning
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Zhang Company Reported Cost of Goods Sold of $835,000, Beginning

Question 168

Question 168

Multiple Choice

Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $38,560 and ending Inventory of $41,750. The Days' sales in inventory (rounded to whole days) is:


A) 18 days.
B) 418 days.
C) 21 days.
D) 56 days.
E) 22 days.

Correct Answer:

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