A Company Has $72,500 in Inventory at the Beginning of the Accounting

question 36

Multiple Choice

A company has $72,500 in inventory at the beginning of the accounting period and $65,500 at the end of the accounting period.Sales revenue is $986,400,cost of goods sold is $572,700,and net income is $124,200 for the accounting period.On average,the number of days to sell inventory is approximately:

• A) 203.
• B) 44.
• C) 61.
• D) 26.

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