A company has beginning inventories of 1 500 000 and ending inventories of 1 400 000 for
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A company has beginning inventories of ¥1 500 000 and ending inventories of ¥1 400 000 for the reporting period. Gross profit is ¥4 000 000 and revenue is ¥10 000 000.
Profit for the period is ¥1 000 000.
What are the days in inventory?
a. 88.2
b. 251.9
c. 52.9
d. 87.6LO1.
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