Sun Concepts sells and installs solar energy products. Information from the financial statements for the last two years revealed the following:   Beginning InventoryEnding InventoryCost of Goods SoldYear 1$90,000 $130,000 $605,000 Year 2 130,000  110,000  720,000 Compared with Year 1, Sun Concept's number of days to sell in Year 2 was:

A. shorter.
B. unable to be determined.
C. longer.
D. unchanged.


Answer: A

Business

You might also like to view...

The terms "decision support systems" and "expert systems" are mentioned more and more frequently in recent years.

Answer the following statement true (T) or false (F)

Business

Based on the location of customers on the loyalty ladder against the supplier's cost-to-serve, explain the four types of customers created: most valuable customer, partner, switcher, and undesirable customer

What will be an ideal response?

Business

The adjusted trial balance shows ________

A) account balances after adjustments B) revenue and expense accounts only C) account balances before adjustments D) balance sheet accounts only

Business

A bailor does not have a duty to compensate the bailee as reimbursement for costs incurred by the bailee in keeping the bailed property.

Answer the following statement true (T) or false (F)

Business