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Using the Information Below Find the Average Inventory Turnover for Vox

Question 67

Multiple Choice

Using the information below find the average inventory turnover for Vox Ltd in days.  Sales $1,800,000 Cost of sales 1,200,000 Stock on hand start 360,000 Stock on hand end 312,000\begin{array}{ll}\text { Sales } & \$ 1,800,000 \\\text { Cost of sales } & 1,200,000 \\\text { Stock on hand start } & 360,000 \\\text { Stock on hand end } & 312,000\end{array}


A) 102.2 days
B) 63.26 days
C) 94.8 days
D) 68 days

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