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The Financial Records of Del Ltd Reveal the Following at 30

Question 23

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The financial records of Del Ltd reveal the following at 30 June 2016:
The financial records of Del Ltd reveal the following at 30 June 2016:   If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover? A)  3 times p.a. B)  6 times p.a. C)  12 times p.a. D)  9 times p.a.
If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover?


A) 3 times p.a.
B) 6 times p.a.
C) 12 times p.a.
D) 9 times p.a.

Correct Answer:

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