Question
A company has an average inventory on hand of $75,000 and its average days in inventory is 36.5 days. What is the cost of goods
A company has an average inventory on hand of $75,000 and its average days in inventory is 36.5 days. What is the cost of goods sold?
$1,680,000
$750,000
$876,000
$1,752,000
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Get StartedRecommended Textbook for
Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
ISBN: 1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
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