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(b) The days' sales in inventory is an estimate of the number of days that it will take to sell the current inventory Required: (1)

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(b) The days' sales in inventory is an estimate of the number of days that it will take to sell the current inventory Required: (1) What is the ideal number of days' sales in inventory? (2 marks) (11) In general, does a company want many days' sales in inventory? State the reason. (2 marks) (111)Can days' sales in inventory be too low? Briefly discuss. (2 marks)

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