Use the following information to answer questions
The following information is from McCain Corp.'s year-end 2009 and 20102 financial statements:
-Assuming a 360-day year, what is the age of McCain's inventory (rounded to the nearest whole day) ?
A) 90 days
B) 93 days
C) 96 days
D) 102 days
E) none of the above
Correct Answer:
Verified
Q49: Inventory errors
A) distort only a company's balance
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