Question: COGS and merch inventory question! help 8. The cost of goods sold for a company for the year was $1 Merchandise inventory at the beginning
8. The cost of goods sold for a company for the year was $1 Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000. The average number of days that the inventory was held during the year was a. 8.0 days. b. 25.0 days. 39.6 days. d. 45.6 days.
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