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Stoney Brooke, Inc., has sales of $950,000 and cost of goods sold of $697,200. The firm had a beginning inventory of $34,000 and an ending
Stoney Brooke, Inc., has sales of $950,000 and cost of goods sold of $697,200. The firm had a beginning inventory of $34,000 and an ending inventory of $49,000. What is the length of the inventory period? Assume 365 days per year. 17.56 days 17.80 days 15.94 days 21.73 days 21.43 days
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