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Sheffield Company Has $145,000 of Inventory at the Beginning of the Year

Question 86

Multiple Choice

Sheffield Company has $145,000 of inventory at the beginning of the year and $131,000 at the end of the year.Sales revenue is $1,972,800,cost of goods sold is $1,145,400,and net income is $248,400 for the year.On average,the number of days to sell inventory is approximately:


A) 203 days.
B) 44 days.
C) 61 days.
D) 26 days.

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