Days in Inventory Is Calculated by Dividing 365 Days by

question 168

Multiple Choice

Days in inventory is calculated by dividing 365 days by

• A)average inventory.
• B)beginning inventory.
• C)ending inventory.
• D)the inventory turnover.

---

Definitions:

Capital Contributions

Investments made by owners or shareholders into a company in exchange for an increase in ownership equity or stock without the need for repayment.

Total Share

The complete amount of stock issued by a company, including all shares currently held by shareholders.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Income Distribution

The way in which total income is shared among the members of an economy.