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Compute the average inventory and days sales in inventory

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Reference no: EM132761995

Question - If the cost of goods sold is $250,000 and the inventory turnover is 2.8, then compute the average inventory and days sales in inventory?

1. $89,286 and 130 days.

2. $700,000 and 130 days.

3. $89,286 and 1022 days.

4. $700,000 and 1022 days.

Reference no: EM132761995

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