9.28 A sole traders inventory at 31 December 20X7 was 605,000. By 31 December 20X8 inventory had...
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9.28 A sole trader’s inventory at 31 December 20X7 was £605,000. By 31 December 20X8 inventory had increased in value by 10%. Cost of sales for the year ended 31 December 20X8 was £2,560,800.
What was the business’s inventory turnover in days?
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