2. A company reported the following data: Year 1Year 2Year 3 $238,000 375,000 S495,000 120,000...
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Accounting
2. A company reported the following data: Year 1Year 2Year 3 $238,000 375,000 S495,000 120,000 Cost of goods sold 180,000 Ending inventory a. Calculate the company's days' sales in inventory for each year. Three (3) points Year 1 days' sales in inventory - Year 2 days sales in inventory = Year 3 days' sales in inventory 150,000 b. Is the company doing a better or worse job managing its inventory? One (1) point
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