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What the average days in inventory during the year was

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Reference no: EM132913973

Problem 1: Kingbird, Inc. had net credit sales of $9023000 and cost of goods sold of $5449000 for the year. The average inventory for the year amounted to $1348000. The average days in inventory during the year was approximately

69 days.
90 days.

Reference no: EM132913973

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