contestada

Tater and Pepper Corp. reported sales for 2018 of $28 million. Tater and Pepper listed $6.1 million of inventory on its balance sheet. How many days did Tater and Pepper's inventory say on the premises?

Respuesta :

Answer:

Explanation:

Inventory turnover = Sales / inventory

Inventory turnover = 28,000,000 / 6,100,000

Inventory turnover = 4.59

Day's sales inventory = 365 / Inventory turnover

Day's sales inventory = 365 / 4.59

Day's sales inventory = 79.52 days

Otras preguntas