What was average days of inventory


Your company had $10 million in sales last year. Its cost of goods sold was $7 million and its average inventory balance was $1,200,000. What was its average days of inventory?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What was average days of inventory
Reference No:- TGS0557701

Now Priced at $5 (50% Discount)

Recommended (99%)

Rated (4.3/5)