A retailer had a beginning merchandise inventory of $20,000, an ending merchandise inventory of $30,000,...
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Accounting
A retailer had a beginning merchandise inventory of $20,000, an ending merchandise inventory of $30,000, sales of $450,000, and a cost of goods sold of $250,000. The retailers daily sales in inventory was:
Select one:
a.
48.9 days
b.
36.5 days
c.
43.8 days
d.
29.2 days
e.
31.5 days
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