Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The following financial information is for Molly Corporation are for the fiscal years ending 2018 & 2017 (all balances are normal):  Item/Account  2018 2017 Cash $35,000 $24,000 Accounts Receivable 56,000 s2,000 Inventory 40,000 40,000 Current Liabilities 76,000 42,000 Net Sales (all credit) 550,000 485,000 Cost of Goods Sold 340,000 265,000  Use this information to determine the number of days in inventory for 2018: (Use a 365 day year

The following financial information is for Molly Corporation are for the fiscal years ending 2018 & 2017 (all balances are normal):  Item/Account  2018 2017 Cash $35,000 $24,000 Accounts Receivable 56,000 s2,000 Inventory 40,000 40,000 Current Liabilities 76,000 42,000 Net Sales (all credit) 550,000 485,000 Cost of Goods Sold 340,000 265,000  Use this information to determine the number of days in inventory for 2018: (Use a 365 day year

Accounting

The following financial information is for Molly Corporation are for the fiscal years ending 2018 & 2017 (all balances are normal): 
Item/Account  2018 2017 Cash $35,000 $24,000 Accounts Receivable 56,000 s2,000 Inventory 40,000 40,000 Current Liabilities 76,000 42,000 Net Sales (all credit) 550,000 485,000 Cost of Goods Sold 340,000 265,000 

Use this information to determine the number of days in inventory for 2018: (Use a 365 day year. Round & enter your answers to one decimal place and enter the value.) 

Option 1

Low Cost Option
Download this past answer in few clicks

0.94 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE