Question
The number of days' sales in inventory for Nile Company is 12 days, and the number of days' sales in inventory for Thames Company is
The number of days' sales in inventory for Nile Company is 12 days, and the number of days' sales in inventory for Thames Company is 17 days. What does this information mean?
Nile Companys Gross Margin is higher than Thames Companys Gross Margin
Thames Companys inventory turnover ratio is significantly higher than that of Nile Company
Thames Company is collecting receivables faster than Nile Company
Nile Company is selling inventory faster than Thames Company
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Advanced Management Accounting
Authors: Tom Groot, Frank Selto
1st Edition
0273730185, 978-0273730187
