Use the Following Information Regarding Black Company and Red Company

question 117

Multiple Choice

Use the following information regarding Black Company and Red Company to answer the question "Which amount is equal to Red Company's "days in inventory" for 2016 (to the closest decimal place) ?" $$\begin{array}{l}\begin{array} { | l | c | c | c | } \hline & \text { Year } & \begin{array} { c } \text { Inventory } \\\text { Turnover }\end{array} & \text { Ending Inventory } \\\hline \text { Black Company } & 2015 & & \$ 26,340 \\\hline & 2016 & 8.7 & \$ 29,890 \\\hline & 2017 & 8.4 & \$ 30,100 \\\hline\\\hline \text { Red Company } & 2015 & & \$ 25,860 \\\hline & 2016 & 7.0 & \$ 24,750 \\\hline & 2017 & 7.5 & \$ 22,530 \\\hline\end{array}\end{array}$$

• A)43.5 days
• B)48.7 days
• C)42.0 days
• D)52.1 days

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Definitions:

Racial Stereotyping

The oversimplified and generalized beliefs about individuals based solely on their racial identity, often leading to prejudices and discrimination.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or gender.

Brain Size

Refers to the volume or weight of a brain, often related to body size in animals, including humans, and sometimes correlated with cognitive abilities or intelligence.

Intelligence

The ability to learn, understand, and apply knowledge, solve problems, and adapt to new situations.