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Anthony Corporation reported the following amounts for the year: Net sales$296,000Cost of goods sold138,000Average inventory50,000 Anthony's average days in inventory is: (Round to the nearest

Anthony Corporation reported the following amounts for the year:

Net sales$296,000Cost of goods sold138,000Average inventory50,000

Anthony's average days in inventory is:(Round to the nearest whole day.)

Multiple Choice

  • A: 170 days.
  • B: 114 days.
  • C: 132 days.
  • D: 151 days.

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