Business, 11.03.2020 23:01, mariahbrooks

SRC, Inc., sells its inventory in an average of 43 days and collects its receivables in 3.6 days, on average. What is the inventory turnover rate? Assume a 365-day year.

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SRC, Inc., sells its inventory in an average of 43 days and collects its receivables in 3.6 days, on...