Multiple Choice
Zarruk Construction's DSO is 50 days (on a 365-day basis) ,accounts receivable are $100 million,and its balance sheet shows inventory of $170 million.What is the inventory turnover ratio?
A) 4.98
B) 3.86
C) 4.29
D) 5.20
E) 3.22
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: Net working capital is defined as current
Q70: Which of the following statements is CORRECT?<br>A)
Q71: Suppose the credit terms offered to your
Q72: A lockbox plan is<br>A) used to protect
Q73: Which of the following items should a
Q75: The prime rate charged by big money
Q76: Whitmer Inc.sells to customers all over the
Q78: Margetis Inc.carries an average inventory of $750,000.Its
Q79: If a firm sells on terms of
Q99: The longer its customers normally hold inventory,