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If the formula to calculate the # of days sales in Inventory is Average Inventory divided by one day's worth of sales Then based on
If the formula to calculate the # of days sales in Inventory is Average Inventory divided by one day's worth of sales Then based on the following information, compute the # of days sales in inventory for the current year Item Prior Year Current Year Cost of merchandise sold $172,900 $215,000 Inventory 18,000 If required, round your answers to two decimal places
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