Solved: The average inventory for the year amounted to 2500000 the, Accounting Basics

+44 141 628 6080
[email protected]

The average inventory for the year amounted to 2500000 the

Question - Roberts Department Store had net credit sales of $9,000,000 and cost of goods sold of $6,000,000 for the year. The average inventory for the year amounted to $2,500,000. The average days in inventory during the year was approximately

A. 101 days.

B. 114 days.

C. 122 days.

D. 152 days.

Solution Preview :

Prepared by a verified Expert

Accounting Basics: The average inventory for the year amounted to 2500000 the

Reference No:- TGS02862974

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discuss industrial and organizational psychology

A scholarly article related to Industrial and Organizational Psychology from a reputable journal such as The Financial Times 45.

What best foster young childrens cognitive development is

Give feedback: One way teachers can best foster young children's cognitive development is by reflecting on why their students do not understand something

Which fundamental value of academic integrity

Which fundamental value of academic integrity is enacted in this scenario? Tom lost a best friend when he remained after class to tell the professor

When stereotype threat is activated

When stereotype threat is activated: Question options: women do worse because of the negative stereotypes that are active, and men do better

Problem concerning the posttraumatic stress disorder

A study that has relevance to posttraumatic stress disorder (PTSD) involves exposing participants to fearful stimuli for a short period of time.

What is an example of a false positive

__________ is an example of a false positive. Group of answer choices someone who exhibits warning signs with a suicide plan and the counselor

Discussion about the journal entry - the relationships

The evolving tapestry of my understanding, woven with threads of evolutionary psychology, gender and personality exploration, psychoanalysis, and behaviorism

Solution Preview :

Prepared by a verified Expert

Accounting Basics: The average inventory for the year amounted to 2500000 the

Reference No:- TGS02862974

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Write your personal philosophy of nursing the paper should

Q : Scrum uses a series of coordinated meetings to manage the

Q : The average inventory for the year amounted to 2500000 the

Q : The project is to write a one page paper on patient

Q : The average inventory for the year amounted to 2500000 the

Q : Google has fired an employee who wrote a controversial memo

Q : Assume ingle company uses the absorption costing method

Q : Assume you are kendra what would you want to say at the

Q : Identify and briefly describe one organizational barrier