What is the company inventory turnover ratio
Question:
Bowa Construction's days sales outstanding is 50 days (on a 365-day basis). The company's accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is the company's inventory turnover ratio?
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The company's accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is the company's inventory turnover ratio
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Focusing on Financial Impact & Innovation-Process Management-Balance Time and Costs.
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