Problemdabble inc has sales of 972000 and cost of goods, Ask an Expert

Accounting

Problem:

Dabble, Inc., has sales of $972,000 and cost of goods sold of $467,000. The firm had a beginning inventory of $32,000 and an ending inventory of $42,000.

Required:

Question: What is the length of the days' sales in inventory?

Note: Show all workings.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91171829

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