Jims farms payables deferral period pdp is 50 days on a


Jim's Farm's payables deferral period (PDP) is 50 days (on a 365-day basis), accounts payable are $100 million, and its balance sheet shows inventory of $154.3 million. What is the inventory turnover ratio?

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Finance Basics: Jims farms payables deferral period pdp is 50 days on a
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