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    Fundamental Accounting Principles Study Set 1
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    Exam 6: Inventories and Cost of Sales
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    The Days' Sales in Inventory Ratio Is Computed by Dividing
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The Days' Sales in Inventory Ratio Is Computed by Dividing

Question 113

Question 113

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The days' sales in inventory ratio is computed by dividing ending inventory by cost of goods sold and multiplying the result by 365.

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