Use the Following Information to Answer the Question(s)below

question 24

Multiple Choice

Use the following information to answer the question(s) below:
Rearden Metal (RM) had $120 million in sales in 2019.Its cost of goods sold was $85 million,and its average inventory balance was $15 million.
-The average number of inventory days outstanding for Rearden is closest to:

• A)6 days.
• B)8 days.
• C)37 days.
• D)64 days.

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Definitions:

Social-cognitive Perspective

A psychological perspective that emphasizes how people's thoughts, beliefs, and interpretations of social situations affect their behavior and attitudes.

Psychological Perspectives

Various approaches within psychology to understand human behavior and mental processes, including cognitive, behavioral, and psychodynamic perspectives.

Violent Role Models

Individuals who exhibit aggressive behavior and may influence others, especially children, to act in a similar manner.

Functionalism

A perspective in sociology and psychology that emphasizes the importance of the roles that components of a society or mind serve in making the whole functional.