Question: Jared's Construction's DSO is 50 days (on a 365-day basis), accounts receivable is $100 million, and its balance sheet shows inventory of $125 million. Revenue
Jared's Construction's DSO is 50 days (on a 365-day basis), accounts receivable is $100 million, and its balance sheet shows inventory of $125 million. Revenue is $730 million and gross profit is $75 million. What is the inventory turnover ratio?
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