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Irawaddy Company, a retailer, had cost of goods sold of $310,000 last year. The beginning inventory balance was $30,000 and the ending inventory balance was
Irawaddy Company, a retailer, had cost of goods sold of $310,000 last year. The beginning inventory balance was $30,000 and the ending inventory balance was $32,000. The company's average sale period was closest to:
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2.83 days
10.00 days
0.03 days
36.50 days
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