A business has the following trading account for the year ending 31 May 20X8: $ $ Sales

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A business has the following trading account for the year ending 31 May 20X8: $ $ Sales 45000 Opening inventories 4000 Purchases 26500 30500 Less: closing inventories 6000 24500 Gross profit 20500 Its average inventories days for the year is: times

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