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Roberts Department Store had net credit sales of $9,000,000 and cost of goods sold of $6,000,000 for the year. The average inventory for the year
Roberts Department Store had net credit sales of $9,000,000 and cost of goods sold of $6,000,000 for the year. The average inventory for the year amounted to $2,500,000. The average days in inventory during the year was approximately.
122 days
152 days.
101 days.
114 days.
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