A. 28 days
B. 42 days
C. 27 days
D. 23 days
Correct Answer:
Option A – 28 days
Explanation
Average stock/cost of sales x 365days.
23,000 ÷ 300,000 x 365 = 27.9 (Approximately 28 days)
A. 28 days
B. 42 days
C. 27 days
D. 23 days
Correct Answer:
Option A – 28 days
Explanation
Average stock/cost of sales x 365days.
23,000 ÷ 300,000 x 365 = 27.9 (Approximately 28 days)
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