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Delmar Company Had Beginning Inventory of $90,000, Ending Inventory of $110,000

Question 215

Multiple Choice

Delmar Company had beginning inventory of $90,000, ending inventory of $110,000, cost of goods sold of $600,000, and sales of $960,000. Delmar's days in inventory is:


A) 38.0 days.
B) 54.3 days.
C) 60.8 days.
D) 67.5 days.

Correct Answer:

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