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    Principles of Accounting Study Set 1
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    Exam 7: Inventories
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    Days' Inventory on Hand Equals 365 Divided by
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Days' Inventory on Hand Equals 365 Divided by

Question 107

Question 107

Multiple Choice

Days' inventory on hand equals 365 divided by


A) inventory turnover.
B) cost of goods sold.
C) goods available for sale.
D) average inventory.

Correct Answer:

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