Calculate and interpret the inventory days for the firm

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Reference no: EM132690719

Question 1: Calculate and interpret the inventory days for this firm. Assume 365 days in your calculations

Inventory Days = 49.1; it takes an average of 49.1 days for inventory to be created

Inventory Days = 19.2; it takes an average of 19.2 days for inventory to be sold

Inventory Days = 35.1; it takes an average of 35.1 days for inventory to be sold

Inventory Days = 70.5; it takes an average of 70.5 days for inventory to be created

Inventory Days = 40.9; it takes an average of 40.9 days for inventory to be sold

Reference no: EM132690719

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