What should they run as days inventory in order to maintain


A company currently has Days' Receivables of 75 days and Days' Payables of 30 days. What should they run as Days' Inventory in order to maintain a Cash Turnover of 4.0 or better?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What should they run as days inventory in order to maintain
Reference No:- TGS02876917

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)