If beginning inventory is $1,000,000,ending inventory is $1,400,000,sales are $10,000,000,and anticipated sales are $50,000 per day,what is the days of supply?
A)28 days
B)70 days
C)60 days
D)32 days

Question

Quizplus · Accepted Answer

Days of supply is calculated by dividing the ending inventory by the daily sales (anticipated sales per day). Here, $1,400,000 / $50,000 = 28 days.

If Beginning Inventory Is $1,000,000,ending Inventory Is $1,400,000,sales Are $10,000,000,and