Morton's Steakhouse Corp. has an inventory turnover ratio of 5.6. What is its days' sales in inventory?

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Morton's Steakhouse Corp. has an inventory turnover ratio of 5.6. What is its days' sales in inventory? Round your final answer to nearest day.

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Accounting

ISBN: 978-1337899451

27th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Posted Date: Apr 08, 2024 10:31 AM

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Morton's Steakhouse Corp. has an inventory turnover ratio of 5.6. What is its days' sales in inventory?

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