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What is the inventory period

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Question - Garnishes, inc has sales for the year of $46,300 and cost of goods sold of $21,700. The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4.400. What is the inventory period?

a- 12.39 days

b- 18.68 days

c- 31.29 days

d- 80.74 days

e- 91.36 days

Reference no: EM131798398

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