A firm has $200 million annual sales, $180 million costs of goodssold, $40 million of inventory, and $60 million of accountsreceivable. What is its inventory turnover ratio? (4.5) What is itsDSO based on a 365-day year? (109.5 days)

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A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…

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