A company that produces small electric motors for treadmills had cost of goods sold last year of $241,000,000.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:
If the company operates 365 days a year the days of supply being held in inventory is
A) 44.35
B) 27.39
C) 8.23
D) 0.1215
Correct Answer:
Verified
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