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The following information was available for Concord Company at December 31,2020 : beginning inventory $188000; ending inventory $52000; cost of goods sold $3000000; and sales
The following information was available for Concord Company at December 31,2020 : beginning inventory $188000; ending inventory $52000; cost of goods sold $3000000; and sales $1230000. Concord's days in inventory in 2020 was 22.9 days. 35.6 days. 14.6 days. 6.3 days
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