The TBI Company has days sales in inventory of 50. Therefore, the TBI Companys inventory turnover is

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The TBI Company has days’ sales in inventory of 50. Therefore, the TBI Company’s inventory turnover is closest to:

a. 4.8 times.

b. 7.3 times.

c. 8.4 times.

d. 9.6 times.

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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