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The following information relates to five questions so keep your calculations. Consider the following financial statement information for a firm. Item Beginning Ending Inventory $8,732

The following information relates to five questions so keep your calculations. Consider the following financial statement information for a firm.

Item

Beginning

Ending

Inventory

$8,732

$9,418

Accounts Receivable

$3,721

$4,162

Accounts Payable

$4,384

$4,791

Net Sales (all on credit)

$138,503

Cost of Goods Sold

$86,313

What is the firms inventory period in days?

Group of answer choices

19.4

29.4

38.4

48.8

10.4

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