Business, 22.04.2020 00:50, BeverlyFarmer
Bowa Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is the company’s inventory turnover ratio? (Hint: start by finding total sales using DSO equation: DSO = Accounts Receivable/(sales/365) Select one: a. 5.84 b. 4.25 c. 3.33 d. 2.75 e. 7.25
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Bowa Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts r...
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