What is the inventory level for this firm

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1. Walmart, Inc has sales of $500 Billion dollars, a net profit of $90 Billion, and an inventory turnover ratio of 12.5. What is the inventory level for this firm given this information?

A. $40 Billion

B. $100 Billion

C. $120 Billion

D. $150 Billion

2. Walmart, Inc has a net profit of $90 Billion, accounts receivable of $20 Billion, and annual sales of $500 Billion. Calculate the firm's Days Sales Outstanding, or average collection period, given this information.

A. 12.74 Days

B. 14.60 Days

C. 20 Days

D. 36 Days

Reference no: EM132034843

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