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In 2015, Hidey Company Had Average Inventory of $86,000

question 21

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In 2015, Hidey Company had average inventory of $86,000. The 2015 income statement showed net sales of $2,200,000 and gross profit of $420,000. In 2014, it was taking the company approximately 30 days to sell its inventory.
-In 2015, the company's days sales in inventory


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