Jones Company has $5,000,000 of average inventory and sales of $30,000,000. Using a 365-day year, calculate the
Fantastic news! We've Found the answer you've been seeking!
Question:
Jones Company has $5,000,000 of average inventory and sales of $30,000,000. Using a 365-day year, calculate the firms inventory conversion period.
Related Book For
Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date: