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2 years ago

If Vito, Inc. has an inventory turnover ratio of 5 times, then its average days to sell inventory must be ______.

Business

1 answer:

xz_007 [3.2K]2 years ago

3 0

The average days for Vito, Inc to sell inventory must be 73 days.

<h3>What is inventory turnover ratio?</h3>

Inventory turnover is the rate that inventory stock is sold, or used, and replaced. It shows many times a company has sold and replaced inventory during a given period.

Given the above information,

Average days to sell inventory = 365 days / Inventory turnover ratio

Average days to sell inventory = 365 / 5

Average days to sell inventory = 73 days

Hence, the average days for Vito, Inc to sell inventory must be 73 days.

Learn more about inventory turnover ratio here : brainly.com/question/25266694

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Exercise 23-4 Make or buy decision LO A1 Gilberto Company currently manufactures 50,000 units per year of one of its crucial par

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Complete Question

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Answer

Incremental costs $ 10,000

Explanation:

Relevant cost are future incremental cash cost that arise as a direct consequence of a decision.

The relevant costs of making the tires internally are

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Variable cost of making - ($2.40 ×50,000) (120,000)

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Incremental costs 10,000

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sasho [114]

Hi, this is an Incomplete question.

Here are the options:

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Answer:

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