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An analyst has obtained the following information about ABC, Inc. Sales: $53,957 COGS = $15,351 Accounts Receivables = $11,182 Accounts Payable = $12,591 Inventory =
An analyst has obtained the following information about ABC, Inc. Sales: $53,957 COGS = $15,351 Accounts Receivables = $11,182 Accounts Payable = $12,591 Inventory = $24,401 Assume 365 days. What is the Inventory Period? That is, what is the Days Inventory Held? Enter your answer rounded off to two decimal points.
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