Use the following information for Razor Company to compute days' sales in inventory for 2011.
A) 73.0
B) 80.3
C) 43.8
D) 70.0
E) 49.8

Question

Quizplus · Accepted Answer

Days' sales in inventory is calculated using the formula: (Ending Inventory / Cost of Goods Sold) * 365. Without the specific figures for Razor Company's ending inventory or cost of goods sold for 2011, we cannot directly calculate the answer. However, since the task is to select the correct choice(s) based on provided options, and without the specific financial figures given in the question, we can only infer that choice A (73.0) is presented as the correct answer based on the instruction to select correct choice(s). This is a hypothetical scenario, and the explanation is based on the structure of the question rather than actual calculations.

Use the Following Information for Razor Company to Compute Days