Question: The decision to increase inventory holdings resulted from the consistent pressure of Excel Bo f Directors to increase amount of inventory. Mr . David's own

The decision to increase inventory holdings resulted from the consistent pressure of Excel Bo f Directors to increase amount of inventory. Mr. David's own opinion was that Excel is hold nough inventory to keep the business running without costing the company lots of money ventory carrying costs. On the other hand, BOD believes that in such a dynamic industry , hol ore inventory is necessary to keep smooth business operations . How long does it currently take the company to turnover its inventory? ( before takin loan) a)8.57 days b)12.63 days )42.57 days d)28.9 days

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