menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 13: The Management of Working Capital
  5. Question
    If Inventory Is Turned Over 8 Times a Year, What
Solved

If Inventory Is Turned Over 8 Times a Year, What

Question 42

Question 42

Multiple Choice

If inventory is turned over 8 times a year, what is the inventory turnover period in days?


A) 7 days.
B) 46 days.
C) 19 days.
D) 70 days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q37: If sales are $950,000, the cost of

Q38: Wonderland has a plant that manufactures computer

Q39: When trying to assess the credit standing

Q40: The operating cash cycle is measured as:<br>A)inventory

Q41: Use the information below to answer the

Q43: Which item is not part of working

Q44: Annual demand for product W is 120,000

Q45: Which of these is not a cost

Q46: Working capital for a manufacturer normally makes

Q47: Which of the following is not necessarily

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines