Waters Department Store Had Net Credit Sales of €16,000,000 and Cost

question 71

Multiple Choice

Waters Department Store had net credit sales of €16,000,000 and cost of goods sold of €10,000,000 for the year. The average inventory for the year amounted to €2,000,000. The average number of days in inventory during the year was

• A) 91 days.
• B) 73 days.
• C) 46 days.
• D) 37 days.

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Definitions:

Rename Field

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Change Column

Change column in a database or spreadsheet refers to modifying the attributes, type, or values of a column.

Change Field

The act of modifying the content or properties of a field in a database or form.

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A means of viewing data in a database where information is displayed in rows and columns, resembling a spreadsheet.