Use the Following Information for Questions

question 6

Multiple Choice

Use the following information for questions.
Nelly Inc. reported net credit sales of $24,000,000 and cost of goods sold of $18,000,000 for the year. The average inventory for the year was $6,000,000.
-The days in inventory during the year was

• A) 15 days.
• B) 11 days.
• C) 91 days.
• D) 122 days.

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Definitions:

Orientation

Orientation involves the introduction and acclimatization of new members to an organization, system, or set of beliefs, helping them understand their role and the organization's culture.

First Step

The initial action taken towards a particular goal or process.

Volcanic Eruptions

Explosive events where magma, gas, and ash are forced out of a volcano's vent.

Accompanying Map

A map that is provided along with other materials or data to offer spatial context or additional information.