A firm has sales of $131,000 and inventory of $12,200. The common-size

A firm has sales of $131,000 and inventory of $12,200. The common-size

With steps A firm has sales of $131,000 and inventory of $12,200. Thecommon-size income statement lists cost of goods sold at 67 percentand depreciation at 5 percent. How long on average does it take thefirm to sell its inventory?


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