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How do calculate the average days in inventory

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Reference no: EM132612780

The following amounts relate to ABC Inc.

Inventory, December 31, year 1, debit balance 90000

Inventory, December 31, year 2, debit balance 90000

Net Sales for year 2 1100000

Gross margin for year 2 896000

Question 1: Calculate the average days in inventory.

Reference no: EM132612780

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