BSEM 101-A company reports the following amounts for 2018

A company reports the following amounts for 2018: Inventory (beginning)$10,000 Inventory (ending)36,000 Purchases220,000 Purchase returns14,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2018. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

A company reports the following amounts for 2018: Inventory (beginning)$10,000 Inventory (ending)36,000 Purchases220,000 Purchase returns14,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2018. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

A company reports the following amounts for 2018: Inventory (beginning)$10,000 Inventory (ending)36,000 Purchases220,000 Purchase returns14,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2018. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

A company reports the following amounts for 2018: Inventory (beginning)$10,000 Inventory (ending)36,000 Purchases220,000 Purchase returns14,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2018. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

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