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Grey Corporation reports sales of $10,000,000 for Year 1, with a gross profit of 3.065.000 Year 1 Year 2 Accounts receivable $ 150.000 $ 170.000
Grey Corporation reports sales of $10,000,000 for Year 1, with a gross profit of 3.065.000 Year 1 Year 2 Accounts receivable $ 150.000 $ 170.000 Inventory 900.000 1.000.000 Accounts payable 1.100.000 1.200.000 Average Days inventory Outstanding at the end of Year 1 is closest to: O 60 days o 68 days. 066 days. O 50 days
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