A firm has $200 million annual sales, $180 million costs of goods sold, $40 million of inventory,

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A firm has $200 million annual sales, $180 million costs of goods sold, $40 million of inventory, and $60 million of accounts receivable. What is its inventory turnover ratio? (4.5) What is its DSO based on a 365-day year? (109.5 days)

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Financial Modeling

ISBN: 978-0262024822

4th edition

Authors: Simon Benninga

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Posted Date: Jan 03, 2021 10:52 AM

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A firm has $200 million annual sales, $180 million costs of goods sold, $40 million of inventory,

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Financial Modeling

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