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Irawaddy Company, a retailer, had a cost of goods sold of $230,000 last year. The beginning inventory balance was $24,000 and the ending inventory balance
Irawaddy Company, a retailer, had a cost of goods sold of $230,000 last year. The beginning inventory balance was $24,000 and the ending inventory balance was $22,000. How long was the company's average sale period closest to? A. 73.0 days B. 34.9 days C. 38.1 days D. 36.5 days
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