Calculate C Co's Inventory Turnover Ratio and the Days' Sales

question 36

Multiple Choice

Calculate C Co's inventory turnover ratio and the days' sales in inventory for 2012.

• A)5.89 times and 62.0 days
• B)18.41 times and 19.8 days
• C)5.58 times and 65.4 days
• D)6.11 times and 59.7 days

---

Definitions:

Implementation Lag

The delay between the time a policy is enacted and the time its effects are observed in the economy.

Active Approach

A policy or management style that involves regular, dynamic decision-making and interventions to achieve specific goals, in contrast to a passive, hands-off approach.

Discretionary Policy

Discretionary Policy involves the deliberate use of monetary or fiscal policy changes by government policymakers to address economic issues.

Monetary Policy

Actions undertaken by a central bank to control the supply of money and interest rates in its economy.