Problem:
Zarruk Construction's DSO is 50 days (on a 365-day basis), accounts receivable are $100 million, and its balance sheet shows inventory of $125 million.
Required:
Question: What is the inventory turnover ratio?
(a) 4.73
(b) 5.26
(c) 5.84
(d) 6.42
(e) 7.07
Note: Please show guided help with steps and answer.