iris8836 iris8836

07-06-2024
Business

Answered

The Cost of Goods Sold (COGS) for a manufacturing unit in 2020 was $150 million. The manufacturing units beginning and ending inventories were $20 million and $4 million respectively. On the average, how many days of inventory is carried by the manufacturing unit?
a. 25.0
b. 29.2
c. 12.5
d. 0.16

Answer :

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