Solution-The average number of days required for carl

The average number of days required for carl equipment

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Reference no: EM132327086

Question

During the current year, Carl Equipment Stores had net sales of $540 million, a cost of goods sold of $264 million, average accounts receivable of $64 million, and average inventory of $44 million.

Assuming a 365-day year, the average number of days required for Carl Equipment to sell its inventory is:

Reference no: EM132327086

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The average number of days required for carl equipment

Reference no: EM132327086

Reference no: EM132327086

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