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    Accounting Business Reporting Study Set 1
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    Exam 13: Financing the Business
  5. Question
    If Average Inventory Is $225 000,total Credit Sales Is $1
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If Average Inventory Is $225 000,total Credit Sales Is $1

Question 3

Question 3

Multiple Choice

If average inventory is $225 000,total credit sales is $1 200 000 and cost of sales is $980 000,the days inventory turnover is (round your answer up to the next full number of days) :


A) 69 days.
B) 84 days.
C) 23 days.
D) 19 days.

Correct Answer:

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