Which of the following is the correct formula to calculate days' sales in inventory?
A) Days' sales in inventory = 365 days × Inventory turnover
B) Days' sales in inventory = 365 days + Inventory turnover
C) Days' sales in inventory = 365 days / Inventory turnover
D) Days' sales in inventory = 365 days - Inventory turnover
C) Days' sales in inventory = 365 days / Inventory turnover
You might also like to view...
When r = 0, this means that X and Y are unrelated
Indicate whether the statement is true or false
A bill of activities is used to compute both the costs assigned to activities and the product unit cost
Indicate whether the statement is true or false
The reason is a position or stance on an issue, the takeaway that the person giving the advice wants the other person to believe
Indicate whether the statement is true or false
?Basic and extended warranties can reduce risk, a major customer cost.
Answer the following statement true (T) or false (F)