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14. Financial Statement Analysis
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Problem 14
Problem 15
14. Financial Statement Analysis
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14. Financial Statement Analysis / Ratios: Average Days in Inventory / Problem 14
Problem 14
DEF company has a cost of goods sold of \$600,000 and an average inventory of \$150,000. Calculate the average days in inventory.
A
100 days
B
91 days
C
365 days
D
40 days
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