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    Exam 13: Financial Statement Analysis
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    A Company Has an Average Inventory on Hand of $90,000
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A Company Has an Average Inventory on Hand of $90,000

Question 149

Question 149

Multiple Choice

A company has an average inventory on hand of $90,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?


A) $900,000
B) $2,102,400
C) $2,106,000
D) $1,051,200

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