Multiple Choice
If average inventory is $225 000,total credit sales is $1 200 000 and cost of sales is $980 000,the days inventory turnover is (round your answer up to the next full number of days) :
A) 69 days.
B) 84 days.
C) 23 days.
D) 19 days.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Which of these is not a spontaneous
Q2: Temporary assets should be financed with:<br>A) spontaneous
Q4: The most important source of spontaneous short-term
Q5: Foreign investment,where capital is invested in an
Q6: Which of the following is not a
Q7: The _ share is the main type
Q8: Loans which are initially drawn down to
Q9: If working capital is allowed to increase
Q10: A cash _ enables managers to plan
Q11: Costs involved in managing cash include:<br>A) no