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  3. Study Set
    Fundamental Accounting Principles
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    Exam 6: Inventory Costing and Valuation
  5. Question
    The Days' Sales in Inventory Ratio Is Calculated by Dividing
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The Days' Sales in Inventory Ratio Is Calculated by Dividing

Question 74

Question 74

True/False

The days' sales in inventory ratio is calculated by dividing ending inventory by cost of goods sold and multiplying the result by 365.

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