The following information was available for Sheffield Company at December 31, 2018: beginning inventory $106000; ending inventory $94000; cost of goods sold $5000000; and sales $ XXXXXXXXXXSheffield’s...


The following information was available for Sheffield Company at December 31, 2018: beginning inventory $106000; ending inventory $94000; cost of goods sold $5000000; and sales $1430000. Sheffield’s days in inventory in 2018 was









  1. 25.5 days

  2. 7.3 days

  3. 7.7 days

  4. 6.9 days





Jun 04, 2022
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