The Following Information Was Available for Camara Company at December

question 33

Multiple Choice

The following information was available for Camara Company at December 31, 2017: beginning inventory $80,000; ending inventory $120,000; cost of goods sold $630,000; and sales $900,000. Camara's days in inventory in 2017 was

• A)40.6 days.
• B)46.2 days.
• C)57.9 days.
• D)68.9 days.

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Definitions:

Other Countries

Refers to nations beyond one's own, emphasizing differences in culture, legal systems, economic conditions, and governmental structures.

Expatriates

Individuals who live and work outside their native country, usually for a business or professional reason.

Foreign Assignment

A work task or role assigned to an employee that involves working in a country other than their own.

Home Countries

The countries where multinational corporations are headquartered or originate from.