Stoney Brooke,Inc. has sales of $890,000 and cost of goods sold of $640,000. The firm had a beginning inventory of $36,000 and an ending inventory of $46,000. What is the length of the inventory period?
A) 15.24 days
B) 15.61 days
C) 21.19 days
D) 21.71 days
E) 23.38 days
Correct Answer:
Verified
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