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MC Qu. 88 Data from Davoren Corporation s most recent... Data from Davoren Corporation's most recent balance sheet and income statement appear below. This Year
MC Qu. 88 Data from Davoren Corporation s most recent... Data from Davoren Corporation's most recent balance sheet and income statement appear below. This Year Last Year Accounts receivable $109,000 $107,000 $155.000 $184.000 Inventory N $711,000 Sales on account $550,875 Cost of goods sold The average sale period for this year is closest to: (Assume 365 days a year. Do notround Intermediate calculations and round your answer to 1 decimal place.) O 112.3 days O 507 days O 59.4 days O 102.0 days
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