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For the Year Ended December 31,Depot Max's Cost of Merchandise

Question 151

Multiple Choice

For the year ended December 31,Depot Max's cost of merchandise sold was $56,900.Inventory at the beginning of the year was $6,540.Ending inventory was $7,250.Depot Max's number of days' sales in inventory is closest to


A) 42
B) 46
C) 8
D) 44

Correct Answer:

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