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Use the following information to answer the question(s) below:
Rearden Metal (RM) had $120 million in sales in 2019.Its cost of goods sold was $85 million,and its average inventory balance was $15 million.
-The average number of inventory days outstanding for Rearden is closest to:
Short-term Memory
The ability to keep a limited amount of data in an immediately accessible and active state for a brief duration.
Capacity
The maximum amount or number of something that a system or process can contain or produce.
Phonological Code
The representation of spoken sounds in an individual’s mind that is used in the processing and storage of verbal information.
Visual Code
The system of symbols or representations used in visual communication, such as gestures, images, or signs, to convey messages or meaning.
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