Benjamin Sports Camp Inc., provides the following data: 2015 2014 Cash $21,000 $18,000 Accounts Receivable,...
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Benjamin Sports Camp Inc., provides the following data: 2015 2014 Cash $21,000 $18,000 Accounts Receivable, Net 31,000 35,000 Merchandise Inventory 53,000 25,000 Property, Plant, and Equipment, Net 120,000 90,000 Total assets $225,000 $168,000 Net credit sales $240,000 Cost of Goods Sold (110,000) Gross profit $130,000 Calculate days' sales in inventory for 2015. A) 252.2 B) 176.3 C) 0.008 D) 129.4
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