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    Financial Accounting Study Set 1
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    Exam 7: Inventory and Cost of Goods Sold
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    The Number of Days to Sell Is Calculated As
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The Number of Days to Sell Is Calculated As

Question 163

Question 163

Multiple Choice

The number of days to sell is calculated as:


A) 365 divided by ending inventory.
B) Cost of goods sold divided by ending inventory.
C) 365 divided by Inventory turnover ratio.
D) Cost of goods sold divided by Average inventory.

Correct Answer:

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