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    Question

    Calculate the average age of inventory(Assume 360 days

    in a year): Refer to the following information:  
    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
    E 7 days Correct Answer Incorrect Answer

    Solution

      The average age of inventory = 360/39.2 = 9.18 Days Workings:

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