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Dabble, Inc., has sales of $984,000 and cost of goods sold of $644,000. The firm had a beginning inventory of $38,000 and an ending
Dabble, Inc., has sales of $984,000 and cost of goods sold of $644,000. The firm had a beginning inventory of $38,000 and an ending inventory of $48,000. What is the length of the days' sales in inventory? (Use 365 days a year. Use ending inventory rather than average inventory. Round your answer to 2 decimal places.) Sales Cost of goods sold Beginning inventory Ending inventory $984,000 $644,000 $38,000 $48,000 Complete the following analysis. Do not hard code values in your calculations, and do not round intermediate calculations. Days' sales in inventory
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