What the average inventory and days sales in inventory are

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problem 1: If the cost of goods sold is $250,000 and the inventory turnover is 2.8, then the average inventory and days sales in inventory are

Option 1: $700,000 and 130 days.

Option 2: $89,286 and 130 days.

Option 3: $89,286 and 1022 days.

Option 4: $700,000 and 1022 days.

Reference no: EM132783298

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