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Stoney Brooke, Incorporated, has sales of $1,010,000 and cost of goods sold of $760,000. The firm had a beginning inventory of $40,000 and an ending
Stoney Brooke, Incorporated, has sales of $1,010,000 and cost of goods sold of $760,000. The firm had a beginning inventory of $40,000 and an ending inventory of $55,000. What is the length of the inventory period? Assume 365 days per year
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