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Alonzo Company in Italy prepares its financial statements in accordance with IFRS. In 2020, it reported cost of goods sold of 600 million and average

Alonzo Company in Italy prepares its financial statements in accordance with IFRS. In 2020, it reported cost of goods sold of 600 million and average inventory of 100 million. What is Alonzo's average days to sell inventory?

Answers:

A.

30.4 days

B.

16.7 days

C.

6 days

D.

60.8 days

Alonzo Company in Italy prepares its financial statements in accordance with IFRS. In 2020, it reported cost of goods sold of 600 million and average inventory of 100 million. What is Alonzo's average days to sell inventory?

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