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How many days will take the company to sell inventory

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Reference no: EM132602980

Question 1: Real Crisp Company reported cost of goods sold of $800,000 last year. The company's beginning inventory balance was $58,000 and the ending inventory balance was $54,000. How many days will it take the company to sell its inventory as of year end?

Option 1: 13.8 days

Option 2: 14.8 days

Option 3: 24.6 days

Option 4: 26.5 days

Reference no: EM132602980

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