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- Luther Industries had sales of $980 million and the cost of goods sold of $560 million in 2019. A simplified balance sheet for the

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- Luther Industries had sales of $980 million and the cost of goods sold of $560 million in 2019. A simplified balance sheet for the firm appears below: Luther Industries Balance Slucet As of December 31, 2019 (millions of dollars) Luther's Inventory days is closest to: 39 days 42 days 32 days 59 days

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