Bacon worth and cost of goods sold of 982 million ending inventory of 2489 million an...
Homework Answers
Days sales in inventory = 365 ÷ Inventory Turnover.
Inventory turnover = (Cost of goods sold ÷ Average Inventory)
=) 982 ÷ 2005 => 0.49 times.
=> Days sales in inventory = 365 ÷0.49 = 746 days.
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