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A company has an average inventory on hand of $94,000 and its average days in inventory is 25 days. What is the cost of goods

A company has an average inventory on hand of $94,000 and its average days in inventory is 25 days. What is the cost of goods sold?

  • A. $1,372,400

  • B. $2,195,840

  • C. $2,199,600

  • D. $1,097,920

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