Question
43) You are analyzing five companies that have the Inventory Turnover rates that follow. If all of the companies otherwise have identical figures for all
43) You are analyzing five companies that have the Inventory Turnover rates that follow. If all of the companies otherwise have identical figures for all other working capital accounts, which of the five companies most efficiently manages its working capital?
Company A: 21 days
Company B: 31 days
Company C: 40 days
Company D: 56 days
Company E: 72 days
A) Company D
B) Company A
C) Company B
D) Company E
E) Company C
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Foundations Of Financial Markets And Institutions
Authors: Franco Modigliani, Frank J. Jones, Michael G. Ferri, Frank J. Fabozzi
3rd Edition
0130180793, 978-0130180797
