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Anton Company has sales of $812,344, and its cost of sales is 70 percent of sales. Assume all sales are credit sales. If the company's

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Anton Company has sales of $812,344, and its cost of sales is 70 percent of sales. Assume all sales are credit sales. If the company's accounts receivable total $113,902 and its operating cycle is 81.6 days, how much inventory does the company have? a. $58,341 b. $50,132 c. $47,361 d. $40,371

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