Multiple Choice
For the year ended December 31, 2011 Depot Max's cost of merchandise sold was $54,350. Inventory at the beginning of the year was $6,540. Ending inventory was $7,250. Depot Max's number of days sales in inventory is closest to
A) 43
B) 50
C) 8
D) 47
Correct Answer:
Verified
Correct Answer:
Verified
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