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    Financial Accounting Information for Decisions Study Set 2
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    Exam 5: Reporting and Analyzing Inventories
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    Direct Sales, Inc
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Direct Sales, Inc

Question 191

Question 191

Multiple Choice

Direct Sales, Inc. had cost of goods sold of $420,000, beginning inventory of $67,000, and ending inventory of $81,000. The days' sales in inventory equals:


A) 5.16
B) 58.2 days
C) 6.27
D) 70.4 days
E) 5.68

Correct Answer:

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