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Cloches Hats had sales for the year of $694,000 and cost of goods sold equal to 59 percent of sales. The inventory at the beginning

Cloches Hats had sales for the year of $694,000 and cost of goods sold equal to 59 percent of sales. The inventory at the beginning of the year was $125,800 and the end-of-year inventory was $142,500. What was the companys inventory period? Assume 365 days in a year.

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