The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold...

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The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold...

The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold of $62,400. The current ratio is 1.22 and the quick ratio is .71. How many days on average does it take to sell the inventory?

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Answer 1

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CunTent Assels 1.22v 28,00 0 34,160 Quick Assets uick salio v 1,8 Invento)1° amcnt Assets _ Quick Assets VIC 34,160-1,0 串141280 inventou 11 cost of doods sold sca,400 ¥ 63,400 Thven tory s 14,280 4.36935 lim. Oays t take to Sell the invenoy365 4 36175 83.53 days

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Answer 2

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The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold...

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The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold...

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