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Mike's Sportswear Company, a retailer, had cost of goods sold of $420,000 last year. The...

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Accounting

Mike's Sportswear Company, a retailer, had cost of goods sold of $420,000 last year. The beginning inventory balance was $31,000 and the ending inventory balance was $28,000. The company's average inventory turnover in days was closest to

a.26.94 days.

b.24.33 days.

c.51.27 days.

d.25.63 days.

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