Solved

If Sales Are $850,000,the Cost of Sales Is $500,000 and Average

Question 38

Multiple Choice

If sales are $850,000,the cost of sales is $500,000 and average inventory is $55,000,the average time taken to sell inventory in days is:

A) 40.15 days.
B) 23.6 days.
C) 11 days.
D) 33 days.

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