Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alpha Corp. has an inventory turnover ratio of 5 . 6 . What is its days' sales in inventory? ( Round your final answer to

Alpha Corp. has an inventory turnover ratio of 5.6. What is its days' sales in inventory?
(Round your final answer to nearest day.)
64 days
65 days
57 days
61 days
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Supply Chain Logistics Management

Authors: Donald Bowersox, David Closs, M. Bixby Cooper

4th edition

78024056, 978-0078024054

More Books

Students also viewed these General Management questions

Question

What is the IPCC?

Answered: 1 week ago

Question

Compare and contrast direct and indirect finance.

Answered: 1 week ago