The days sales in inventory is an estimate of the number of days that it will take
Question:
a. What is the ideal number of days’ sales in inventory?
b. In general, does a company want many days’ sales in inventory?
c. Can days’ sales in inventory be too low?
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Step by Step Answer:
a There is no ideal number of days sales in inventory The number that a company should have w...View the full answer
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Related Book For 
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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