Use the following information regarding Metlock, Inc. and Blossom Company to answer the question "Which amount is equal to Metlock, Inc's "days in inventory" for 2022 (to the closest decimal place)?" (Use 365 days for calculation.) Year Inventory Turnover Metlock, Inc. 2020 2021 6.8 2022 6.6 Blossom Company 2020 2021 5.5 2022 5.8 O 62.9 days O 53.7 days O 66.4 days O 55.3 days

Use the following information regarding Metlock, Inc. and Blossom Company to answer the question "Which amount is equal to Metlock, Inc's "days in inventory" for 2022 (to the closest decimal place)?" (Use 365 days for calculation.) Year Inventory Turnover Metlock, Inc. 2020 2021 6.8 2022 6.6 Blossom Company 2020 2021 5.5 2022 5.8 O 62.9 days O 53.7 days O 66.4 days O 55.3 days

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 63BE: Asset Efficiency Ratios Rumsford Inc.s financial statements for 2019 indicate the following account...

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