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What is the number of days sales in inventory

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Reference no: EM133094673

Question - Based on the following data for the current year, what is the number of days' sales in inventory?

Sales on account during year $1,204,500

Cost of goods sold during year 657,000

Accounts receivable, beginning of year 75,000

Accounts receivable, end of year 85,000

Inventory, beginning of year 85,600

Inventory, end of year 98,600

Reference no: EM133094673

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