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Average Inventory Equals $100,000, and Cost of Goods Sold Equals

Question 151

Short Answer

Average inventory equals $100,000, and cost of goods sold equals $221,000. Days' inventory on hand equals
A) 165.2 days.
B) 165.2 days.
C) 154.3 days.
D) 188.7 days.

Correct Answer:

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