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    Financial Accounting Study Set 2
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    Exam 7: Inventory and the Cost of Sales
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    Which of the Following Factors Are Used in Calculating a Company's
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Which of the Following Factors Are Used in Calculating a Company's

Question 58

Question 58

Multiple Choice

Which of the following factors are used in calculating a company's number of days' sales in inventory?


A) Average inventory and 365
B) Inventory turnover and 365
C) Cost of goods sold and 365
D) Average accounts payable and 365

Correct Answer:

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