Question
Mario's Home Systems has sales of $2,770.00, costs of goods sold of $2,110.00, inventory of $494.00, and accounts receivable of $425.00. How many days, on
Mario's Home Systems has sales of $2,770.00, costs of goods sold of $2,110.00, inventory of $494.00, and accounts receivable of $425.00. How many days, on average, does it take Mario's to sell its inventory?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
