abc-company-has-a-cost-of-goods-sold-of-400000-and-an-average-inventory-of-10000

Question

ABC company has a cost of goods sold of $400,000 and an average inventory of $100,000. Calculate the average days in inventory.

Accepted Answer

91 days

Answer

40 days

Answer

365 days

Answer

100 days

ABC company has a cost of goods sold of \$400,000 and an average inventory of \$100,000. Calculate the average days in inventory.