At the end of FY 2018, Mignon Corporation financial statements show an ending inventory of $100,000.

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– At the end of FY 2018, Mignon Corporation financial statements show an ending inventory of $100,000.

– The COGS as reported in the Income Statement: $300,000 Task: compute Mignon Corporation Days’ sale-to-inventory in FY 2018

(a) 3.0

(b) 122

(c) 212

(d) 0.3

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