Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Do Homework - Chinedu Ibuaka - Google Chrome X mathxl.com/Student/PlayerHomework.aspx?homeworkld=575638409&questionld=3&flushed=true&cld=6183900¢erwin=yes Fall 2020: MGT 9170 (1) Chinedu Ibuaka & | 10/16/20 12:41 PM Homework: WEEK 7

image text in transcribed
image text in transcribed
Do Homework - Chinedu Ibuaka - Google Chrome X mathxl.com/Student/PlayerHomework.aspx?homeworkld=575638409&questionld=3&flushed=true&cld=6183900¢erwin=yes Fall 2020: MGT 9170 (1) Chinedu Ibuaka & | 10/16/20 12:41 PM Homework: WEEK 7 ASSIGNMENT - CHAPTER 19 Save Score: 0 of 1 pt 7 of 8 (2 complete) HW Score: 10.42%, 0.83 of 8 pts P 19-16 (similar to) Question Help Your company had $19 million in sales last year. Its cost of goods sold was $13.3 million and its average inventory balance was $1,400,000. What was its average days of inventory? (Hint: Use a 365-day year.) The average days of inventory was Nays. (Round to two decimal places.)

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

Fundamentals Of Multinational Finance

Authors: Michael Moffett, Arthur Stonehill, David Eiteman

6th Edition

0134472136, 978-0134472133

More Books

Students also viewed these Finance questions

Question

1. I try to create an image of the message

Answered: 1 week ago

Question

4. What is the goal of the others in the network?

Answered: 1 week ago