Organizational Behavior
Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Chapter 4.3, Problem 2CC

What is a performance audit, and what are the components?

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Question related to financial accounting: During the current year, Carl Equipment Stores had net sales of $540 million, a cost of goods sold of $367 million, average accounts receivable of $64 million, and an average inventory of $53 million. Assuming a 365-day year, the average number of days required for Carl Equipment to sell its inventory is?
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