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Stoney Brooke, Inc. has sales of $1,000,000 and cost of goods sold of $734,700. The firm had a beginning inventory of $39,000 and an ending inventory of $54,000. What is the length of the inventory period?

a) 22.78 days

b)16.97 days

c) 19.38 days

d)19.11 days

e) 23.10 days

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91772269

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