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15 Your firm cost of goods sold (COGS) average $2,000,000 per month, and it keeps inventory equal to 80% of its monthly COGS on hand

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15 Your firm cost of goods sold (COGS) average $2,000,000 per month, and it keeps inventory equal to 80% of its monthly COGS on hand at all times. Lunga dy year, what is its inventory conversion period? Select one 2.27.7 days b. 236 days C24days 15 days

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