If the Beginning Balance of Inventory Is $16 000 and the Ending

question 23

Multiple Choice

If the beginning balance of inventory is $16 000 and the ending balance is $30 000,credit sales for the period are $420 000 and cost of sales are $380 000,the days inventory calculation is:

• A) 29 days.
• B) 22 days.
• C) 20 days.
• D) 26 days.

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Definitions:

Distillation Process

A method of separating mixtures based on differences in their volatilities in a boiling liquid mixture.

Impurities

Substances within a material that are not part of the intended composition, often affecting its properties or quality.

Net Primary Productivity

The rate at which plants in an ecosystem produce net energy or biomass after accounting for the energy used in respiration.

Ecosystems

Complex networks of living organisms and the physical environments in which they interact, encompassing both biotic and abiotic components.