A Firm Has an Average Age of Inventory of 101

question 145

Multiple Choice

A firm has an average age of inventory of 101 days, an average collection period of 49 days, and an average payment period of 60 days. The firm's inventory turnover is ____________ .

• A) 3.6
• B) 2.5
• C) 3.2
• D) 4.0

Understand the concept and critical importance of innovation within organizations.

Identify the stages and processes involved in innovation.

Recognize the significance of motivation in the innovation process.

Comprehend the complexities of open innovation and its implications for organizational strategy.

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