Data on Shin Inc for 2008 are shown below, along with the inventory conversion period (ICP)Cost of goods sold = $85,000 Inventory = $20,000
Inventory conversion period (ICP)Benchmark inventory conversion period (ICP) = 38.00
A) $7,316
B) $8,129
C) $9,032
D) $10,036
E) $11,151

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The Answer of Data on Shin Inc for 2008 are shown below, along with the inventory conversion period (ICP)Cost of goods sold = $85,000 Inventory = $20,000
Inventory conversion period (ICP)Benchmark inventory conversion period (ICP) = 38.00
A) $7,316
B) $8,129
C) $9,032
D) $10,036
E) $11,151

Data on Shin Inc for 2008 Are Shown Below, Along