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Question 21 Guava, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 20X2 20x8 $24,000 $19,000
Question 21 Guava, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 20X2 20x8 $24,000 $19,000 37,000 39,000 60,000 25,000 122.000 92.000 $243,000 $175,000 For the year ending December 31, 20X9: Net Credit Sales $310,000 Cost of Goods Sold (150.000) Gross Profit $160,000 Calculate the days' sales in inventory for 20X9. 7 O 50.04 60.83 O 146.00 O 103.40
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