Find the Time (In Days)

question 67

Multiple Choice

Find the time (in days) . Round to the nearest day.
-Principal: $2,019
Rate: 8.5%
Interest: $64.83

• A)136 days
• B)38 days
• C)138 days
• D)204 days

---

Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period.

August

The month that falls eighth in the sequence of the Gregorian calendar year.

Total Cost

The complete cost of producing or acquiring goods, including variable and fixed costs.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated before any year-end adjustments.