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    Divergent Technologies Reported the Following Information in Their 2012 Annual
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Divergent Technologies Reported the Following Information in Their 2012 Annual

Question 34

Question 34

Essay

Divergent Technologies reported the following information in their 2012 annual report:
Divergent Technologies reported the following information in their 2012 annual report:    1. Determine the inventory turnover ratio 2. Determine the average days to sell inventory ________ 3. Explain the meaning of each number. 1. Determine the inventory turnover ratio
2. Determine the average days to sell inventory ________
3. Explain the meaning of each number.

Correct Answer:

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1. 5.91 ($8,960/$1,515)
2. 61.8 days (36...

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