Thornton universal sales monthly cost of goods sold cogs is
Thornton Universal Sales' monthly cost of goods sold (COGS) is $2,000,000, and it keeps inventory equal to 30% of its monthly COGS on hand at all times. Using a 365-day year, what is its inventory conversion period?
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taylor textbooks inc buys on terms of 112 net 59 days it does not take discounts and it typically pays on time 59 days
thornton universal sales monthly cost of goods sold cogs is 2000000 and it keeps inventory equal to 30 of its monthly
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tauscher textiles corporation has an inventory conversion period of 45 days a receiva-bles collection period of 45 days
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