Days' Sales in Inventory Is Calculated by

question 201

Multiple Choice

Days' sales in inventory is calculated by

• A)Ending inventory divided by cost of goods sold times 365
• B)Dividing cost of goods sold by merchandise inventory
• C)Dividing merchandise inventory by cost of goods sold
• D)Cost of goods sold divided by ending inventory times 365
• E)Ending inventory divided by cost of goods sold

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