Use the following information regarding Whispering Winds Corp. and Concord Corporation to answer the question "Which amount is equal to Whispering Winds Corp's "days in inventory" for 2022 (to the closest decimal place)?" (Use 365 days for calculation.) Year Inventory Turnover Ending Inventory Whispering Winds Corp. 2020 $26700 2021 7.0 $29400 2022 6.7 $30400 Concord Corporation 2020 $25940 2021 5.6 $24830 2022 6.0 $22610 O 60.8 days O 54.5 days O 65.2 days O 52.1 days
Use the following information regarding Whispering Winds Corp. and Concord Corporation to answer the question "Which amount is equal to Whispering Winds Corp's "days in inventory" for 2022 (to the closest decimal place)?" (Use 365 days for calculation.) Year Inventory Turnover Ending Inventory Whispering Winds Corp. 2020 $26700 2021 7.0 $29400 2022 6.7 $30400 Concord Corporation 2020 $25940 2021 5.6 $24830 2022 6.0 $22610 O 60.8 days O 54.5 days O 65.2 days O 52.1 days
Chapter10: Inventory
Section: Chapter Questions
Problem 16PB: Use the following information relating to Medinas Company to calculate the inventory turnover ratio,...
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