Marian Company reported the following items for the month of July: Sales revenue $477,300 Cost of goods sold $230,000 Beginning inventory $70,600 Ending inventory $80,800 Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) OA. 120 days OB. 112 days OC. 365 days OD. 128 days

Financial Accounting: The Impact on Decision Makers
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Chapter5: Inventories And Cost Of Goods Sold
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Problem 5.11E: Inventory Costing Methods VanderMeer Inc. reported the following information for the month of...
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Marian Company reported the following items for the month of July:
Sales revenue
$477,300 Cost of goods sold
Beginning inventory
$70.600 Ending inventory
Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.)
OA. 120 days
B. 112 days
OC. 365 days
OD. 128 days
$230,000
$80,800
Transcribed Image Text:Marian Company reported the following items for the month of July: Sales revenue $477,300 Cost of goods sold Beginning inventory $70.600 Ending inventory Days' inventory outstanding is: (Round intermediate numbers to two decimal places, final answer to the nearest day.) OA. 120 days B. 112 days OC. 365 days OD. 128 days $230,000 $80,800
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