A firm has annual sales of $100 million, $80 million of cost of goods, $20 million of
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A firm has annual sales of $100 million, $80 million of cost of goods, $20 million of inventory, and $30 million of accounts receivable. What is its inventory turnover ratio? (43) What is its DSO? (109.5 days)
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Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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