On may 19 a company purchased 1000 worth of inventory on


On May, 19, a company purchased $1,000 worth of inventory on credit. The company paid the bill after 30 days. The inventory was sold for $1,400 after another 40 days. What is the inventory period.

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Finance Basics: On may 19 a company purchased 1000 worth of inventory on
Reference No:- TGS0618406

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