Gateway Corp

question 5

Multiple Choice

Gateway Corp. has an inventory turnover ratio of 5.6. What is its day's sales in inventory? Round your final answer to nearest day.

• A) 65 days
• B) 64 days
• C) 61 days
• D) 57 days

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Definitions:

Social Strata

Social strata refer to the layers of social classes or statuses within a society, often based on factors like wealth, occupation, and education.

Cohorts

Groups of individuals who share a common characteristic or experience within a defined period.

Allies

Allies are individuals, groups, or nations that join together in a partnership for mutual benefit, often in a political or military sense.

Bicultural Identity Model

The bicultural identity model explains how individuals navigate and merge two distinct cultural identities, balancing and integrating aspects of both cultures into their personal identity.