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I did the formula 365/Inventory turnover. It is saying my answers are wrong. I think the issue is 2017 should be 47.3? not 47.2 2018
I did the formula 365/Inventory turnover. It is saying my answers are wrong.
I think the issue is 2017 should be 47.3? not 47.2
2018 2017 2016 2015 2014 Formula Inventory turnover 8.92 772 740 711 5.95 () Select the formula reference in the last column of the table and compute the days' sales in inventory for each year, (Round intermediary calculations to two decimal places, XXX, and then round your final answers that you enter into the table below to one decimal place, X.X) (Click the icon to view the formulas.) 2018 40. 9 2017 472 2016 493 2015 513 2014 613 Formula (a) Days' sales in inventoryStep by Step Solution
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