Lowell Sun has sales of $4,120,000. The cost of goods sold is equal to 65 percent of

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Lowell Sun has sales of $4,120,000. The cost of goods sold is equal to 65 percent of sales. The company has an average inventory of $580,000. How many days on average does it take the company to sell its inventory?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Mar 08, 2024 12:19 AM

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Lowell Sun has sales of $4,120,000. The cost of goods sold is equal to 65 percent of

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Foundations of Financial Management

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