Multiple Choice
A company began the year with $150,000 in inventory and ended the year with $170,000 in inventory.Cost of goods sold for the year amounted to $960,000.Assuming 360 days in a year,how long,on average,does it take the company to sell its inventory (to the nearest day) ?
A) 6 days
B) 60 days
C) 120 days
D) 3 days
Correct Answer:

Verified
Correct Answer:
Verified
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