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Use the Following Information for Ephron Company to Compute Days

question 9

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Use the following information for Ephron Company to compute days' sales in inventory for Year 2.  Year 2 Y ear 1  Net sales $547,500$572,000 Cost of goods sold 348,500370,840 Ending inventory 75,70081,400\begin{array} { | l | r | r | } \hline & \text { Year } 2 & \text { Y ear 1 } \\\hline \text { Net sales } & \$ 547,500 & \$ 572,000 \\\hline \text { Cost of goods sold } & 348,500 & 370,840 \\\hline \text { Ending inventory } & 75,700 & 81,400 \\\hline\end{array}


Definitions:

Governmental Deviance

Refers to actions or policies by government entities or representatives that go against the moral, ethical, or legal standards expected of them.

Causes

The reasons or explanations behind an event, situation, or condition's occurrence.

White-Collar Criminals

Individuals who commit non-violent crimes for financial gain, often within their employment or financial sectors.

Blue-Collar Criminals

Individuals who commit crimes related to their manual labor occupations or economic status, contrasting with white-collar crimes committed by those in higher socioeconomic positions.

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