Sugar,Inc.sells $938,600 of goods during the year that have a cost of $797,200.Inventory was $59,566 at the beginning of the year and $68,076 at the end of the year. How long on average does it take to sell something from inventory after it is purchased?
A) 12.5 days
B) 24.8 days
C) 29.2 days
D) 165.9 days
Correct Answer:
Verified
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