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:

Vacuum-laminating Machine

Equipment used to bond layers of materials together using vacuum pressure and adhesive, commonly in manufacturing and woodworking.

Unable to Close

A situation where a salesperson fails to complete a sale transaction, often due to unresolved customer objections or other barriers.

Prospect Response

The reaction or feedback from a prospective buyer upon receiving a sales pitch or proposal.

Post-sale Dissonance

A psychological state of unease or anxiety that consumers may experience after making a purchase, often due to conflicting thoughts about the decision.