Symphony Instruments, Inc

question 97

Multiple Choice

Symphony Instruments, Inc. has sales of $760,000 and cost of goods sold of $520,000. The firm had a beginning inventory of $39,000 and an ending inventory of $48,000. What is the length of
The inventory period?

• A) 11.95 days
• B) 20.89 days
• C) 27.38 days
• D) 30.53 days
• E) 33.69 days

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