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Kelley, Inc. provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory Calculate the average
Kelley, Inc. provided the following account balances for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory Calculate the average number of days that inventory was held by Kelley, Inc. during 2018. (Assume 365 days in a year. $1,300,000 330,000 350,000 O A. 95.55 days O B. 191.10 days O C. 92.64 days O D. 98.38 days
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