Question
Assume a firms inventory level of $10,000 represents 30 days' sales. What is the inventory turnover ratio? (Use 365 days in a year. Do not
Assume a firms inventory level of $10,000 represents 30 days' sales. What is the inventory turnover ratio? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
