Multiple Choice
Which of the following is the correct formula to calculate days' sales in inventory?
A) Days' sales in inventory = 365 days × Inventory turnover
B) Days' sales in inventory = 365 days + Inventory turnover
C) Days' sales in inventory = 365 days / Inventory turnover
D) Days' sales in inventory = 365 days - Inventory turnover
Correct Answer:
Verified
Correct Answer:
Verified
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