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Northern Industries Has Accounts Receivable of $42,300,inventory of $61,200,sales of $544,200,and

Question 65

Multiple Choice

Northern Industries has accounts receivable of $42,300,inventory of $61,200,sales of $544,200,and cost of goods sold of $393,500.How many days,on average,does it take the firm to sell its inventory?


A) 93.08
B) 74.92
C) 85.14
D) 56.77
E) 80.46

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