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Swanson Company Had Inventory of $220,000 and $180,000 on December

Question 18

Multiple Choice

Swanson Company had inventory of $220,000 and $180,000 on December 31, 2012, and December 31, 2011, respectively. Cost of goods sold for 2012 was $1,800,000. Average days in inventory is approximately:


A) 36.5.
B) 9.
C) 40.6.
D) 10.

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