Multiple Choice
Wang Company's average inventory for 2019 was $75,000 and its inventory turnover for 2019 was 6.0; Wang's 2019 days' sales in inventory (computed to one decimal place) is:
A) 12.7 days
B) 60.8 days
C) 68.5 days
D) 53.8 days
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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