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Find the average number of days taken to turn over inventory

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Question - At 30 June 2021, Friar Company's financial statements include the following information:

Net sales for 01/07/2020-30/06/2021 $210 000

Cost of sales for 01/07/2020-30/06/2021 150 000

Beginning inventory 23 000

Ending inventory 29 000

Required - Find the average number of days taken to turn over inventory for 2021?

Reference no: EM133185119

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