Question
a firm sells $10 million , cost of goods sold of $7.5 million, its average inventory over the past year was $1 million and its
a firm sells $10 million , cost of goods sold of $7.5 million, its average inventory over the past year was $1 million and its average account receivable was $0.5 million. What is the days' sales in inventory. Use cost of good sold for days sales in inventory?
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
7th Edition
1438010362, 9781438010366
