Multiple Choice
BL Industries has ending inventory of $300,000,and cost of goods sold for the year just ended was $1,410,000.On average,how long does a unit of inventory sit on the shelf before it is sold?
A) 17.16 days
B) 21.43 days
C) 77.66 days
D) 78.29 days
E) 83.13 days
Correct Answer:
Verified
Correct Answer:
Verified
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