What Is the Average Number of Days to Sell Inventory

question 88

Multiple Choice

What is the average number of days to sell inventory for Company Y? (Do not round your intermediate calculations. Use 365 days in a year.)

• A)12.5
• B)40.9
• C)29.3
• D)32.7

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Definitions:

Profit Center

A division whose parent company evaluates it on the basis of the profit it earns.

Executives

Executives are high-level managers or administrators in organizations, responsible for strategizing and decision-making to drive the company towards its goals.

Attention

The focused mental engagement on a particular item of information, object, or task, and the process of selectively concentrating on one aspect while ignoring others.

Divisional Profitability

A measurement of the financial performance of individual divisions or segments within a company, indicating their contribution to overall profit.