Refer to the Following Selected Financial Information from Graceworks, Corp

question 121

Multiple Choice

Refer to the following selected financial information from Graceworks, Corp. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.) $$\begin{array} { | l | r | r | } \hline & \text { Year 2 } & \text { Year 1 } \\\hline \text { Merchandise inventory } & 271,000 & 253,500 \\\hline \text { Cost of goods sold } & 486,400 & 433,100 \\\hline\end{array}$$

• A) 203.4.
• B) 228.4.
• C) 179.5.
• D) 215.1.
• E) 113.3.

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Definitions:

Orientation Session

A meeting or seminar designed to introduce new members, employees, or participants to organization policies, goals, and procedures.

Bottleneck Station

A stage in a production or work process that limits overall capacity due to its lower speed or efficiency compared to other stages.

Complementary Product

Products that enhance the value or utility of another product when used together.

Demand Management

The process of forecasting, planning, and controlling demand for products and services to optimize supply chain performance.