The cost of goods sold is equal to 60 of sales and the
Question
Ramco Industries has sales for the year of $48,900 and an average inventory of $8,800.
The cost of goods sold is equal to 60% of sales and the profit margin is 5%. How many days on average does it take the firm to sell an inventory item?
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questionramco industries has sales for the year of 48900 and an average inventory of 8800the cost of goods sold is
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