What was the average days in inventory during the year


Flagstaff Department Store had net credit sales of $13,000,000 and cost of goods sold of $10,000,000 for the year. The average inventory for the year amounted to $2,500,000. what was the average days in inventory during the year approximately:

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What was the average days in inventory during the year
Reference No:- TGS086273

Expected delivery within 24 Hours