What Is the Inventory Period for a Firm with an Annual

question 111

Multiple Choice

What is the inventory period for a firm with an annual cost of goods sold of $8 million, $1.5 million in average inventory, and a cash conversion cycle of 75 days?

• A)6.56 days
• B)18.75 days
• C)53.33 days
• D)68.44 days

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Musculoskeletal

Relating to or involving the muscles and the skeleton.

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A restriction or boundary that confines or restricts something, often referring to limitations in contracts, abilities, or physical barriers.

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