The Corporation's inventory was $24,000 and $28,000 at the end of years 1 and 2,...
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Accounting
The Corporation's inventory was $24,000 and $28,000 at the end of years 1 and 2, respectively . The Corporation's accounts receivable were $ 30,000 and $35,000 at the end of years 1 and 2, respectively . The year 2 sales (all sales were credit sales) and cost of sales were $400,000 and $330,000 , respectivelyWhat was the year 2 averige sale period (round all calculations to 2 decimal places)? Show your work for chance et credit
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