Answer: 16.8 days
Step-by-step explanation:
What is described is known as the Inventory turnover ratio.
It is calculated by:
= Average Inventory / Cost of goods sold * 365
Cost of goods sold = Sales * Percent of sales
= 1,648,900 * 71%
= $1,170,719
Inventory turnover ratio = 75,800 / 1,170,719 * 365
= 16.8 days
First of we know that B and C is definitely wrong.
then D is unrealistic so A is the correct answer.
It is a really simple question.
There are 128 ounces in a gallon ✌
Answer:
kjhgfds
Step-by-step explanation:
sdfrtgyhui