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Easton Company had average inventory for the year of $550,000 and an inventory turnover ratio of 11.0. What was the company's Days Outstanding in
Easton Company had average inventory for the year of $550,000 and an inventory turnover ratio of 11.0. What was the company's Days Outstanding in Inventory. Assume a 365 day year. Round to one decimal place.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
