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    Managerial Accounting
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    Exam 15: Financial Statement Analysis
  5. Question
    A Company Has an Average Inventory on Hand of $100,000
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A Company Has an Average Inventory on Hand of $100,000

Question 99

Question 99

Multiple Choice

A company has an average inventory on hand of $100,000 and the days in inventory are 73 days.What is the cost of goods sold?


A) $500,000
B) $7,300,000
C) $1,000,000
D) $3,650,000

Correct Answer:

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