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# if a company has sales of \$10 million, a gross profit percentage of 35%, and days in inventory of 110, could you estimate its average inventory?

if a company has sales of \$10 million, a gross profit percentage of 35%, and days in inventory of 110, could you estimate its average inventory? Show your calculations.

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Dear Student! Please find the attached... View the full answer

if a company has sales of \$10 million, a gross profit percentage of 35%, and days in inventory of 110, could you
estimate its average inventory? Show your calculations. Solution:Sales = \$10...

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