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5 points ABC Co., Inc. has Php 5,000,000 of inventory on average and annual sales of Php 30,000,000. Assume there are 365 days per year.
5 points ABC Co., Inc. has Php 5,000,000 of inventory on average and annual sales of Php 30,000,000. Assume there are 365 days per year. What is the ABC Co., Inc.'s inventory conversion period? * O 30.25 days O 60.83 days O 45.00 days O 72.44 days 55.25 days
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