Question: Days' sales in inventory is calculated by Multiple Choice Dividing average merchandise inventory by cost of goods sold Dividing cost of goods sold by average

Days' sales in inventory is calculated by Multiple Choice Dividing average merchandise inventory by cost of goods sold Dividing cost of goods sold by average merchandise inventory Dividing ending inventory by cost of goods sold times 365 Dividing cost of goods sold by ending inventory times 365 Dividing ending inventory by cost of goods sold

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