Zarruk Construction's DSO Is 50 Days (On a 365-Day Basis),accounts

question 74

Multiple Choice

Zarruk Construction's DSO is 50 days (on a 365-day basis) ,accounts receivable are $100 million,and its balance sheet shows inventory of $170 million.What is the inventory turnover ratio?

• A) 4.98
• B) 3.86
• C) 4.29
• D) 5.20
• E) 3.22

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Definitions:

Sustainability Reporting

The practice of publishing information about a company's environmental, social, and governance (ESG) performance and impact.

Global Reporting Initiative

An international organization that helps businesses and governments understand and communicate their impact on sustainability issues.

Triple Bottom Line

A sustainability framework that evaluates a company's performance in three areas: social, environmental, and financial, aiming for a balance between profit, people, and the planet.

Eco-Efficiency Measures

Strategies or actions taken by businesses to improve their environmental performance while also reducing costs through efficient resource use.