Based on the following information, how many days of supply of inventory is the firm holding (assume 260 days of operation per year)? Do not round intermediate calculations. Round your answer to one decimal place. Sales Cost of goods sold Gross profit Overhead costs Net profit Total inventory Fixed assets Long-term debt $8,500,000 $7,540,000 $960,000 $600,000 $360,000 $2,600,000 $3,200,000 $2,500,000 4 Inventory days' supply: days' supply Interpret your answer if the industry average inventory days' supply is 30 days. Round your answer to one decimal place. If the industry average days' supply is 30 days and this firm's IDS is times more, they -Select- inventory management problems.

Based on the following information, how many days of supply of inventory is the firm holding (assume 260 days of operation per year)? Do not round intermediate calculations. Round your answer to one decimal place. Inventory days' supply: days' supply Interpret your answer if the industry average inventory days' supply is 30 days. Round your answer to one decimal place. If the industry average days' supply is 30 days and this firm's IDS is management problems. times more, they inventory