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Pascarelli Corporations inventory at the end of Year 2 was $122,000 and its inventory at the end of ...

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Pascarelli Corporations inventory at the end of Year 2 was $122,000 and its inventory at the end of ...

Pascarelli Corporation’s inventory at the end of Year 2 was $122,000 and its inventory at the end of Year 1 was $150,000. Cost of goods sold amounted to $870,000 in Year 2. The company’s average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

▸ 230.1 days

▸ 51.2 days

▸ 57.0 days

▸ 32.3 days

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Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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