Bowa Construction's Days Sales Outstanding Is 50 Days (On a 365-Day

question 142

Multiple Choice

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?

• A) 5.84
• B) 4.25
• C) 3.33
• D) 2.75
• E) 7.25

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