Gateway Corp. has an inventory turnover ratio of 5.6. With working - 62506

Solution Posted by
HelpProf

HelpProf

Rating : No Rating
Solution Detail
Price: $1.00
  • From: Finance,
  • Posted on: Mon 28 Apr, 2014
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?


65.2 days

57.9 days

64.3 days

 

61.7 days

 
Solution Description

65.2 days

57.