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Suppose it takes Engler Enterprises an average of 90 days to convert raw materials into finished goods and sell those goods. Further, Englers annual cost
Suppose it takes Engler Enterprises an average of 90 days to convert raw materials into finished goods and sell those goods. Further, Englers annual cost of goods sold is $2,000,000. What is the dollar value of Englers Inventory on their balance sheet? $535,220.81 $417,063.22 $493,150.68 $341,955.20
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