Sandy Shores,Inc From 2017 to 2018,the Company's Management of Inventory Is

question 172

Multiple Choice

Sandy Shores,Inc.reported the following amounts in its financial statements: $\begin{array}{lrr}&2018&2017\\\text { Average merchandise inventory } & \$ 200,000 & \$ 120,000 \\\text { Cost of goods sold } & 4,000,000 & 3,000,000\end{array}$ From 2017 to 2018,the company's management of inventory is

• A)declining,because the number of days' sales in inventory is getting larger.
• B)increasing,because the number of days' sales in inventory is getting larger.
• C)declining,because the number of days' sales in inventory is getting smaller.
• D)increasing,because the number of days' sales in inventory is getting smaller.

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