A Company Has an Average Inventory on Hand of $90,000

question 149

Multiple Choice

A company has an average inventory on hand of $90,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?

• A) $900,000
• B) $2,102,400
• C) $2,106,000
• D) $1,051,200

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Definitions:

Left Subtree

In tree data structures, particularly binary trees, it refers to the subtree that is rooted at the left child of a node.

Link Instance Variable

A variable within an object that refers to another object, typically used in linked structures like linked lists to connect elements together.

Null

A special value in programming used to represent the absence of any object or value.

Deep Copy

Creating a new compound object and then, recursively, inserting copies into it of the objects found in the original.