AAA's inventory turnover ratio is 20.00 based on sales of $28,400,000. The firm's current ratio equals 4.16 with current liabilities equal to $820,000. If the firm's cash and marketable securities equal $657,096, what is the firm's days sales outstanding? (Round your answer to two decimal places.)
A) 15.66
B) 35.40
C) 43.84
D) 25.59
E) 17.15
Answers: 3
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AAA's inventory turnover ratio is 20.00 based on sales of $28,400,000. The firm's current ratio equa...
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