Question: Consider the following inventory data: Beginning inventory $150,000 Ending inventory 100,000 Purchases 310,000 What is the average days in inventory for the year? 111.7 days.

Consider the following inventory data:

Beginning inventory $150,000
Ending inventory 100,000
Purchases 310,000

What is the average days in inventory for the year?

111.7 days.

101.4 days.

152.0 days.

126.7 days.

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