The Following Information Was Obtained from the Accounting Records of the Guerra

question 32

Multiple Choice

The following information was obtained from the accounting records of the Guerra Corporation for 2010: $\begin{array}{ll}\text { Cost of goods sold }&\$3,600,000\\\text { Merchandise inventory: }\\&\text { January } 1 & 400,000 \\&\text { December } 31 & 460,000\end{array}$
Assuming a business year consisting of 365 days, what was Guerra's number of days' sales in inventories for 2010?

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Definitions:

Motion Sensors

Devices that detect moving objects, particularly people, often used in security systems, lighting control, and automation.

Backup Camera

An automotive safety feature that uses a video camera mounted on the rear of the vehicle to display a view behind the car on a dashboard screen, helping the driver to reverse more safely.

Navigation System

Technology or software designed to guide users or vehicles to a destination through the use of maps and GPS data.

Public Domain Software

Software that is not protected by copyright law and is freely available for use, modification, and distribution by anyone.