I just took this test a few days ago and the answer was none of the above. Hope this helps.
Answer:
Weeks of supply = 4.16 weeks
Explanation:
given data
net income = $20 million
revenue = $60 million
cost of goods sold = $25 million
inventory = $2 million
property, plant, and equipment = $500,000
to find out
how many weeks of supply does the firm hold
solution
we know here that Weeks of supply will be express as
Weeks of supply =
× 52 weeks ....................................1
so put here value we get weeks of supply
Weeks of supply =
× 52 weeks
Weeks of supply = 4.16 weeks
A business plan would help small business owners to know how to operate the business, achieve goals and what activities need to be conducted in case they missed anything out. It helps a business to plan out and conduct business operations.