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    Financial and Managerial Accounting Study Set 2
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    Exam 6: Inventories
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    Average Inventory Equals $100,000,and Cost of Goods Sold Equals $216,000
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Average Inventory Equals $100,000,and Cost of Goods Sold Equals $216,000

Question 38

Question 38

Multiple Choice

Average inventory equals $100,000,and cost of goods sold equals $216,000.Days' inventory on hand equals


A) 168.98 days.
B) 170.0 days.
C) 157.9 days.
D) 193.1 days.

Correct Answer:

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