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    Principles of Accounting
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    Exam 8: Inventories
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    Cost of Goods Sold Equals $500,000, and Average Inventory Equals
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Cost of Goods Sold Equals $500,000, and Average Inventory Equals

Question 43

Question 43

Multiple Choice

Cost of goods sold equals $500,000, and average inventory equals $200,000. Days' inventory on hand equals


A) 91.3 days.
B) 146.0 days.
C) 821.9 days.
D) 912.5 days.

Correct Answer:

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