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Goods Available for Sale Are $29,000; Beginning Inventory Is $8,000;

Question 93

Multiple Choice

Goods available for sale are $29,000; beginning inventory is $8,000; ending inventory is $15,000; and cost of goods sold is $10,000. The days-sales-in-inventory is closest to: (Round any intermediary calculations two decimal places, X.XX, and your final answer to the nearest day.)


A) 460.
B) 292.
C) 420.
D) 548.

Correct Answer:

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