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April 23, 2014

Homework Help: finance

Posted by cynthia on Friday, May 20, 2011 at 9:14am.

Hauser Sports had sales in 2010 of $750,000, cost of sales of $500,000, average accounts receivable of $100,000 and average inventory of $225,000. How many days, on average, does it take Hauser Sports to sell its inventory assuming that all sales are on credit?

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