Stoney Brooke, Inc., has sales of $1,050,000 and cost of goods sold of $865,200. The...
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Stoney Brooke, Inc., has sales of $1,050,000 and cost of goods sold of $865,200. The firm had a beginning inventory of $44,000 and an ending inventory of $59,000. What is the length of the inventory period? Assume 365 days per year. Multiple Choice 21.43 days 17.90 days 21.73 days 18.56 days 18.31 days
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