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    Financial Accounting Study Set 5
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    Exam 7: Inventories
  5. Question
    Cost of Goods Sold Equals $1,000,000,and Average Inventory Equals $400,000
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Cost of Goods Sold Equals $1,000,000,and Average Inventory Equals $400,000

Question 9

Question 9

Multiple Choice

Cost of goods sold equals $1,000,000,and average inventory equals $400,000.Days' inventory on hand equals


A) 91.3 days.
B) 146.0 days.
C) 821.9 days.
D) 912.5 days.

Correct Answer:

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