Misty Mountain Outfitters Is a Merchandiser of Specialized Fly Fishing

question 85

Multiple Choice

Misty Mountain Outfitters is a merchandiser of specialized fly fishing gear. Its cost of goods sold for Year 2 was $295,000, and sales were $690,000. The amount of merchandise on hand was $50,000, and total assets amounted to $585,000. What is the average number of days to sell inventory? (Use 365 days in a year. Round to the nearest day.)

• A)26 days
• B)62 days
• C)31 days
• D)40 days

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Definitions:

Soil Salinization

The accumulation of soluble salts in soil to levels that negatively impact agricultural productivity, often caused by improper irrigation practices.

Compaction

Compaction is the process of applying force to compress soil or material, which increases density and stability, but can affect water infiltration and root growth.

Primary Succession

The process of habitat colonization and ecosystem development in an area where no community previously existed, such as on bare rock.

Soil Formation

The process by which weathering of rock and organic interactions lead to the development of soil layers or horizons, essential for plant growth.