Multiple Choice
Phil's Carvings sells its inventory in 93 days, on average.Costs of goods sold for the year are $187,200.What is the average value of the firm's inventory? Assume a 365-day year.
A) $20,129
B) $47,698
C) $57,132
D) $61,096
E) $32,513
Correct Answer:
Verified
Correct Answer:
Verified
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