Question
Al's Sports Store has sales of $2,840, cost of goods sold of $2,070, inventory of $536, and accounts receivable of $429. How many days, on
Al's Sports Store has sales of $2,840, cost of goods sold of $2,070, inventory of $536, and accounts receivable of $429. How many days, on average does it take the firm to sell its inventory assuming that all sales are on credit?
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
