FUND CORP FINANCE LL+MYFINLAB >IP<
FUND CORP FINANCE LL+MYFINLAB >IP<
2nd Edition
ISBN: 9781269932110
Author: Berk
Publisher: PEARSON C
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Chapter 19, Problem 16P
Summary Introduction

Number of day’s Sales in Inventory: It measures the period within which company converts its inventory into final consumption or sales. It is calculated by dividing average Inventory by average daily cost of goods sold.

To Identity: The period within which inventory will be converted into a sale.

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