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The following information was available for Blossom Company at December 31, 2022: beginning inventory $81000; ending inventory $60000; cost of goods sold $851640; and sales
The following information was available for Blossom Company at December 31, 2022: beginning inventory $81000; ending inventory $60000; cost of goods sold $851640; and sales $1112000. Blossom days inventory turnover ratio in 2022 was
-30.2 days
-34.7 days
-23.1 days
-25.7 days
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