Business, 05.11.2019 04:31 gabbylinton1113
The january 28, 2017 (fiscal year 2016) financial statements of caleres, inc. reported the following information (in thousands):
2016 2015
cost of sales $1,517,397 $1,529,527
inventories, net 585,764 546,745
lifo reserve 4,345 4,094
the 2016 average days inventory outstanding is: select one:
a. 136.2 days
b. 133.9 days
c. 121.5 days
d. 49.6 days
e. none of the above
Answers: 3
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The january 28, 2017 (fiscal year 2016) financial statements of caleres, inc. reported the following...
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