Calculate length of the inventory period


Question: Stoney Brooke, Inc. has sales of $890,000 and cost of goods sold of $640,000. The firm had a starting inventory of 36,000 dollar & an ending inventory of $46,000. Calculate the length of the inventory period? 

[A]    21.19 days

[B]    21.71 days

[C]    23.38 days

[D]    15.24 days

[E]    15.61 days

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculate length of the inventory period
Reference No:- TGS019516

Expected delivery within 24 Hours