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Data on Shin Inc for 2008 Are Shown Below, Along

Question 85

Multiple Choice

Data on Shin Inc for 2008 are shown below, along with the inventory conversion period (ICP) Cost of goods sold = $85,000 Inventory = $20,000
Inventory conversion period (ICP) Benchmark inventory conversion period (ICP) = 38.00


A) $7,316
B) $8,129
C) $9,032
D) $10,036
E) $11,151

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