Which of the Following Is the Correct Formula to Calculate

question 79

Multiple Choice

Which of the following is the correct formula to calculate days' sales in inventory?

• A) Days' sales in inventory = 365 days × Inventory turnover
• B) Days' sales in inventory = 365 days + Inventory turnover
• C) Days' sales in inventory = 365 days / Inventory turnover
• D) Days' sales in inventory = 365 days - Inventory turnover

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Definitions:

Reciprocity

A principle or practice of mutual exchange and interdependence often considered in social, economic, and ethical contexts.

Code Of Ethics

A set of principles and guidelines aimed at helping professionals conduct business honestly and with integrity.

Age Discrimination

Unfair or unequal treatment of an individual or group based on their age, especially regarding employment.