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Sales of 746700 cost of goods sold of 603200 and inventory

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Sales of $746,700, cost of goods sold of $603,200, and inventory of $94,300. How long on average does it take the firm to sell its inventory? 6.40 days, 7.23 days, 48.68 days, 57.06 days or 61.10 days. Formula: Inventory turnover = cost of goods sold/Inventory Days of Inventory 365/Inventory Number

Reference no: EM13605454

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