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The Financial Records of Del Ltd Reveal the Following at 30

question 23

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The financial records of Del Ltd reveal the following at 30 June 2016:
The financial records of Del Ltd reveal the following at 30 June 2016:   If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover? A)  3 times p.a. B)  6 times p.a. C)  12 times p.a. D)  9 times p.a.
If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover?


Definitions:

Business Plan

A formal written document that describes in detail how a business, usually a new one, is going to achieve its goals and outlines the operational and financial strategies to accomplish them.

Outsourced

The practice of having certain job functions or tasks performed by external parties or companies rather than in-house staff.

Business Plan

A written document detailing the strategy, goals, financial projections, and operational framework of a business.

Business Plan

A formal document detailing a business's objectives, strategies, market analysis, financial forecasts, and operational structures.

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