Computation of length of inventory period

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Computation of length of inventory period

Stoney Brooke, Inc. has sales of $890,000 and cost of goods sold of $640,000. The firm had a beginning inventory of $36,000 and an ending inventory of $46,000. What is the length of the inventory period?

a) 15.24 days
b) 15.61 days
c) 21.19 days
d) 21.71 days
e) 23.38 days

Reference no: EM1316305

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