Calculate the Inventory-To-Sale Conversion Period Based on the Following Information

question 7

Multiple Choice

Calculate the inventory-to-sale conversion period based on the following information: average inventories = $120,000; average receivables = $90,000; average payables = $40,000; cost of goods sold = $182,500; and net sales = $365,000.

• A)240 days
• B)180 days
• C)90 days
• D)60 days

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Definitions:

Sleep Stages 3 And 4

Deep stages of sleep, also known as slow-wave sleep, characterized by slow brain waves, limited muscle activity, and deep physical relaxation.

High Amplitude Sleep

A sleep phase characterized by large and slow brain waves, indicative of deep sleep or slow-wave sleep.

Pineal Gland

A small endocrine gland in the brain involved in the regulation of sleep patterns through the secretion of melatonin.

Biological Clocks

Internal mechanisms in organisms that control the timing of biological functions and behaviors, helping to adapt to the day-night cycle.