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The Following Balance Sheet Information Is Provided for Patton Company

Question 54

Multiple Choice

The following balance sheet information is provided for Patton Company: The following balance sheet information is provided for Patton Company: Assuming Year 2 cost of goods sold is $730,000, what are the company's average days to sell inventory? (Use 365 days in a year. Do not round intermediate calculations.) A) 17.5 days B) 18.25 days C) 19 days D) 20.86 days Assuming Year 2 cost of goods sold is $730,000, what are the company's average days to sell inventory? (Use 365 days in a year. Do not round intermediate calculations.)


A) 17.5 days
B) 18.25 days
C) 19 days
D) 20.86 days

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