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Determine the number of days sales in inventory

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Reference no: EM133184767

Question - The following information is available for Brown Company:

Cost of goods sold for 2009 $1,800,000

Inventories at December 31, 2008 525,000

Inventories at December 31, 2009 465,000

Assuming that a business year consists of 360 days, determine the number of days' sales in inventory for 2009?

A. 105

B. 99

C. 93

D. 49.5

Reference no: EM133184767

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