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Which company does a better job of selling their inventory faster? Explain your answer with amounts. Company A Days Sales Inventory 375,000/20,000-18.75 365/18.75 19.46
Which company does a better job of selling their inventory faster? Explain your answer with amounts. Company A Days Sales Inventory 375,000/20,000-18.75 365/18.75 19.46 19 days Days Sales Receivables 800,000/40,000-20 365/20-18.25 18 days Company B 700,000/ 30,000 23.3 365/23.3 15.67 16 days 800,000/40,000=20 365/20 18.25 18 days Analysis
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