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In its financial statements WalkerCo reported cost of goods sold of $1,530. Inventory at the beginning of the year was $380 and at the end of the year, $466. The LIFO reserve at the beginning of the year was $116 and at the end of the year $96. Calculate the days' sales in inventory after accounting for the inpact of the LIFO valuation. Present your answer rounded to one decimal place, e.g., 20.0.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92418906

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