If a Company Has a Number of Days' Sales in Inventory

question 201

True/False

If a company has a number of days' sales in inventory equal to 60,that means that it takes about two months on average to sell its inventory.

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Definitions:

Neolithic Transition

The period marking the shift from hunting and gathering communities to agricultural and settlement societies, bringing about significant changes in human lifestyle and culture.

Mammoths

Extinct large mammals closely related to modern elephants, lived in various parts of the world during the Ice Age, known for their long tusks and woolly coats.

Edible Parts

Those portions of a plant or animal that can be consumed as food by humans.