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What was the average age of inventory

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Reference no: EM132951511

Question - Nena packing had sales of $3.2 million and a gross profit margin of 35% last year. If Nenas inventory average 0.4 million last year what was the average age of inventory? Assume 360 days in a year?

a. 69.23

b. 195.5

c. 130.4

d. 45.6

Reference no: EM132951511

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