On average, Bragg Inc. has sales of $2,000,000 per month. It keeps inventory equal to 50%...
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On average, Bragg Inc. has sales of $2,000,000 per month. It keeps inventory equal to 50% of its monthly sales on hand at all times. Based on using a 365-day year, what is the inventory conversion period? O a. 13.0 O b. 14.4 O c. 15.2 O d. 11.7 On average, Bragg Inc. has sales of $2,000,000 per month. It keeps inventory equal to 50% of its monthly sales on hand at all times. Based on using a 365-day year, what is the inventory conversion period? O a. 13.0 O b. 14.4 O c. 15.2 O d. 11.7
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