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By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details 1. COST OF GOODS SOLD = 4850,000 (BS) 2.
By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details
1. COST OF GOODS SOLD = 4850,000 (BS)
2. INVENTORY = $ 40,000 (IS)
This means on Avg the Selling Period (ACP) is about =
| a. | 48 Days | |
| b. | 17 days | |
| c. | 15 Days | |
| d. | 29 Days | |
| e. | 43 Days |
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