Your company had $14 million in sales last year. Its cost of goods sold was $9.8 million
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Your company had $14 million in sales last year. Its cost of goods sold was $9.8 million and its average inventory balance was $1,300,000. What was its average days of inventory?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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