Busıness Fınance I Deneme Sınavı Sorusu #854012

What is days in inventory for 2015?


48,66

52,74

56,83

60,83

64,75


Yanıt Açıklaması:

Days In Inventory=365/Inventory Turnover

Since

Inventory Turnover=Cost Of Goods Sold/Average Inventory

Then:

Days In Inventory=(365*Average Inventory)/Cost of Goods Sold

Average Inventory=(10800+9600)/2=10200

Therefore;

Days In Inventory=(365*10200)/61200=60,83333....

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