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was
7.3 times.
4.6 times.
6.9 times.
5.7 times.
Question 30
The following information was available for Sheridan Company
at December 31, 2017: beginning inventory $80000; ending
inventory $132000; cost of goods sold $644000; and sales
$816000. Sheridan days in inventory (rounded) in 2017 was
47.4 days.
45.1 days.
59.8 days.
74.5 days.