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The Following Information Has Been Obtained on Alberta Drilling Company

question 15

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The following information has been obtained on Alberta Drilling Company for 2015.
The following information has been obtained on Alberta Drilling Company for 2015.     The inventory turnover and average day's sales in inventory for Alberta Drilling Company are:  A)  Inventory turnover: 67.59; Average days sales in inventory: 5.40 days B)  Inventory turnover: 40.56; Average days sales in inventory: 9.00 days C)  Inventory turnover: 9.00; Average days sales in inventory: 40.56 days D)  Inventory turnover: 5.40; Average days sales in inventory: 67.59 days
The inventory turnover and average day's sales in inventory for Alberta Drilling Company are:


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