How much inventory is on the firms balance sheet

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Reference no: EM131512346

Tauscher Textiles Corporation has an inventory conversion period of 45 days, a receivables collection period of 36 days, and a payables deferral period of 35 days.

If the firm’s cost of goods sold are $3,231,771 and all sales are on credit, how much inventory is on the firm’s balance sheet?

Reference no: EM131512346

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