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    Exam 8: Analysis and Interpretation of Financial Statements
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    If Average Inventory Is $49 500,credit Sales $820 000 and Cost
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If Average Inventory Is $49 500,credit Sales $820 000 and Cost

Question 47

Question 47

Multiple Choice

If average inventory is $49 500,credit sales $820 000 and cost of sales $630 000 inventory turnover in days is:


A) 78 days
B) 22 days
C) 28.7 days
D) 46.5 days

Correct Answer:

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