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Kelley Company provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) $1,300,000 Beginning Merchandise Inventory 340,000 Ending Merchandise Inventory 350,000
Kelley Company provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) $1,300,000 Beginning Merchandise Inventory 340,000 Ending Merchandise Inventory 350,000 Calculate the average number of days that inventory was held by Kelley Company during 2018. (Assume 365 days in a year. Round your intermediate calculations and final answer to two decimal places.)
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