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Great Wolf, Incorporated, has sales of $1,090,000 and cost of goods sold of $810,300. The firm had a beginning inventory of $48,000 and an ending
Great Wolf, Incorporated, has sales of $1,090,000 and cost of goods sold of $810,300. The firm had a beginning inventory of $48,000 and an ending inventory of $63,000. What is the length of the inventory period? Assume 365 days per year. Multiple Choice 24.66 days 18.58 days 25.00 days 21.33 days 21.62 days Step by Step Solution
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
5th Edition
1634541367, 978-1634541367
