Use the Following Information for Questions

question 106

Multiple Choice

Use the following information for questions
Nelly Inc.reported credit sales of $24,000,000 and cost of goods sold of $18,000,000 for the year.The average inventory for the year was $6,000,000.
-The days in inventory during the year was

• A)15 days.
• B)11 days.
• C)91 days.
• D)122 days.

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Definitions:

Body Weight

The total mass of an individual, measured in units like pounds or kilograms, often used as an indicator of health.

Misshaped

Deformed or not having the intended or expected shape.

Greenish-Black Waste

Typically refers to meconium, the early stool of an infant, which is thick, sticky, and greenish-black in color.

Meconium

The earliest stool of a mammalian infant, composed of materials ingested during the time the infant spends in the uterus.