Denver Interiors, Inc., has sales of $836,000 and cost of goods sold of $601,000. The firm had a beginning inventory of $41,000 and an ending inventory of $47,000. What is the length of the inventory period?
A) 19.21 days
B) 20.89 days
C) 26.72 days
D) 30.53 days
E) 33.69 days
Correct Answer:
Verified
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