Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 5) the following information was available for pie

5) The following information was available for Pietee Company at December 31, 2018: beginning inventory...

80.2K

Verified Solution

Question

Accounting

5) The following information was available for Pietee Company at December 31, 2018: beginning inventory $90,000; ending inventory $50,000; cost of goods sold $968,000; and sales $1,360,000. Pietees days in inventory in 2018 was

A. 21.5 days.

B. 26.4 days.

C. 30.2 days.

D. 33.8 days.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

4 0 g of caustic soda NaOH mol mass 40 contains same number of sodium...

Algebra
1.2K views

4 4 9 x 18 2x 5 10 4 x 3 Xx 8 16x Determine...

Statistics
1.2K views

Let's assume our class represents a normal population with a known mean of 90 and population...

Psychology
1.2K views

What happened in Powell v. Alabama? Why was this case so important? How does this case...

Geometry
1.2K views

Find the given anglezy 23 Show Transcribed Text

Calculus
1.2K views

Find an exponential regression curve for the data setx 0 ...

Calculus
1.2K views

Find the quotient Round to 3 decimal places 45 0 282

Accounting
1.2K views

image

Accounting
1.2K views

7 PA11-1 (Algo) Calculating Accounting Rate of Return, Payback Period, Net Present Value,...

Accounting
1.2K views

On January 1,2022. Sandhill Corporation had the following stockholders' equity accounts. Common Stock...

Accounting
1.2K views

On January 1,2019, Life Lifey adopted the Dollar-Value Inventory method. Life Lifey entire inventory...

Finance
1.2K views

What is the net present value of the following cash flow stream @ 6% compounded...