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The Company's inventory is high value and will be difficult to sell quickly in case of a cash emergency. Its Quick Ratio is 0.2 0.5

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The Company's inventory is high value and will be difficult to sell quickly in case of a cash emergency. Its Quick Ratio is 0.2 0.5 1.0 1.6 2.0 Use the following for Questions 2-5: At the end of last year (2022), a major consumer products manufacturer's Financial Statements had the following components: The Days Sales Inventory average for the industry is 40 days. (Use 360 days in a year for your computations). Round up to the nearest integer. The company's Inventory Turns is: 5 10 Given the above data, would you say that the company's inventory management is Better than the industry average Equal to the industry average Worse than the industry average What is the company's Days Sales Inventory (DSI)? 10 24 48 64 72

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