Multiple Choice
Monica Mills Co. began the year with $100,000 in inventory and ends the year with $300,000. Purchases during the year amounted to $1,660,000. The number of days' sales in inventory for the year was
A) 43.98 days
B) 8.30 days
C) 7.30 days
D) 50.00 days
Correct Answer:
Verified
Correct Answer:
Verified
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