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    Question

    Calculate the average age of inventory(Assume 360 days

    in a year): Refer to the following information: ┬а
    A 10 days Correct Answer Incorrect Answer
    B 12 days Correct Answer Incorrect Answer
    C 8 days Correct Answer Incorrect Answer
    D 9 days Correct Answer Incorrect Answer

    Solution

    ┬а The average age of inventory = 360/39.2┬а┬а = 9.18 Days

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