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Clayton Ltds average inventory in the year ended 30 June 2022 was $12 000. Sales for the same year were $100 000, and the gross
Clayton Ltds average inventory in the year ended 30 June 2022 was $12 000. Sales for the same year were $100 000, and the gross profit margin was 25 per cent. What was the number of days inventory was on hand? (keep one digit after the decimal)
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