The Following Balance Sheet Information Is Provided for Patton Company

question 142

Multiple Choice

The following balance sheet information is provided for Patton Company: Assuming Year 2 cost of goods sold is $730,000, what is the company's average days to sell inventory? (Use 365 days in a year. Do not round your intermediate calculations.)

• A)17.5 days
• B)18.25 days
• C)19 days
• D)20.86 days

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Relationships

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Avolio

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