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Let us suppose that the 'XYZ' company's total annual sales are 5,400 units, the average inventory level is 450 units, and the annual working days are 270 days. The inventory days of supply (DOS) are: a. Somewhere between 22 and 23 days. b. 30 days. c. 15 days. d. None of the above.

Let us suppose that the 'XYZ' company's total annual sales are 5,400 units, the average inventory level is 450 units, and the annual working days are 270 days. The inventory days of supply (DOS) are: a. Somewhere between 22 and 23 days. b. 30 days. c. 15 days. d. None of the above.

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 30MCQ
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Let us suppose that the 'XYZ' company's total annual sales are 5,400 units, the average inventory level is 450 units, and the annual working days are 270 days. The inventory days of supply (DOS) are: a. Somewhere between 22 and 23 days. b. 30 days. c. 15 days. d. None of the above.
Transcribed Image Text:Let us suppose that the 'XYZ' company's total annual sales are 5,400 units, the average inventory level is 450 units, and the annual working days are 270 days. The inventory days of supply (DOS) are: a. Somewhere between 22 and 23 days. b. 30 days. c. 15 days. d. None of the above.
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