The Following Information Has Been Obtained on Alberta Drilling Company

Multiple Choice

The following information has been obtained on Alberta Drilling Company for 2015.

The inventory turnover and average day's sales in inventory for Alberta Drilling Company are:

A) Inventory turnover: 67.59; Average days sales in inventory: 5.40 days
B) Inventory turnover: 40.56; Average days sales in inventory: 9.00 days
C) Inventory turnover: 9.00; Average days sales in inventory: 40.56 days
D) Inventory turnover: 5.40; Average days sales in inventory: 67.59 days