What was the days inventory outstanding

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Question - Carey's Department Store had net sales of $20 million and cost of goods sold of $17.00 million for the year. The beginning inventory for the year was $7.00 million. The ending inventory for the year was $8.00 million. What was the days inventory outstanding?

A. 52 days

B. 161 days

C. 46 days

D. 21 days

Reference no: EM133090356

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