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Ratios: Average Days in Inventory
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Ratios: Average Days in Inventory
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14. Financial Statement Analysis / Ratios: Average Days in Inventory / Problem 8
Problem 8
If a company has a beginning inventory of \$30,000 and an ending inventory of \$90,000, what is the average inventory?
A
\$90,000
B
\$50,000
C
\$60,000
D
\$70,000
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