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    Financial Accounting Study Set 24
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    Exam 8: Reporting and Interpreting Property, Plant, and Equipment; Intangibles; and Natural Resources
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    Days in Inventory Is Calculated by Dividing 365 Days by
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Days in Inventory Is Calculated by Dividing 365 Days by

Question 94

Question 94

Multiple Choice

Days in inventory is calculated by dividing 365 days by


A) ending inventory.
B) average inventory.
C) beginning inventory.
D) the inventory turnover ratio.

Correct Answer:

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