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Multiple Choice 229 days. 257 days. 169 days. Less than 100 days Inventory, January I Net purchases Goods available for sale Inventory, December 31 Cost
Multiple Choice 229 days. 257 days. 169 days. Less than 100 days
Inventory, January I Net purchases Goods available for sale Inventory, December 31 Cost Of goods SO ld Gross profit Calculate Redis average days in inventory (rounded) for 20x2: (Round your intermediate calculations to two decimal places. Round your final answer to the nearest whole number.) Multiple Choice Red Corporation's comparative income statements for the years ended December 31. 20x2 and 20x1 included the following information: $325,000 $291,000 $316,700 $286,800 45,000 19,000 151,000 142,000 196,000 161,000 71,000 45,000 125,000 116,000 $191,700 $170,800 Sales Sales returns Net sales Cost Of goods 2 ox2 8,300 20x1 4,200 and allowances so O CD O o 229 days. 257 days. 169 days. LESS than 100 days
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