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Jordan Precision Welding Had Sales of $134,000 for the Month

Question 56

Multiple Choice

Jordan Precision Welding had sales of $134,000 for the month of June.The company's gross profit was $36,000.The company had beginning inventory of $70,000, and a physical inventory count indicated that ending inventory was $66,000.What was the company's average number of days in inventory for June closest to?


A) 177 days
B) 246 days
C) 253 days
D) 266 days

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