The following information was available for Metlock, Inc. at December


Ask a Question

The following information was available for Metlock, Inc. at December 31, 2017: beginning inventory $79000; ending inventory $134000; cost of goods sold $608000; and sales $888000. Metlock days in inventory (rounded) in 2017 was (Round intermediate calcul

Sale price $15.00 Regular price $30.00

The following information was available for Metlock, Inc. at December
31, 2017: beginning inventory $79000; ending inventory $134000; cost of goods sold $608000; and sales $888000. Metlock days in inventory (rounded) in 2017 was (Round intermediate calculation to 1 decimal place, e.g. 1.2.)

a. 64.0 days.

b. 47.4 days.

c. 81.1 days.

d. 44.0 days.

Questions & Answers

Have a Question?

Be the first to ask a question about this.

Ask a Question