A company has the following information. What is days' inventory outstanding? Average total assets $2,320,600 Average...

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A company has the following information. What is days' inventory outstanding? Average total assets $2,320,600 Average fixed assets 975,000 Total revenue 3,436,000 Cost of goods sold 2,365,000 Average inventory 531,745 Average accounts receivable 314,785 Average accounts payable 217,000 A company has the following information. What is days' inventory outstanding? Average total assets $2,320,600 Average fixed assets 975,000 Total revenue 3,436,000 Cost of goods sold 2,365,000 Average inventory 531,745 Average accounts receivable 314,785 Average accounts payable 217,000

Answer rating: 100% (QA)

Days inventory outstanding DIO is a financial metric that me... View the full answer