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# sales of \$2,770, costs of goods sold of \$2,110, inventory of \$494, and accounts receivable of \$425. How many days, on average, does it take Mario's

sales of \$2,770, costs of goods sold of \$2,110, inventory of \$494, and accounts receivable of \$425. How many days, on average, does it take Mario's to sell its inventory?

On average, does it take... View the full answer

1 comment
• Sorry for the typo. the days it takes Mario to sell inventories = Inventory / Cost of goods sold * 365 days =( 494/ 2110* 365 days ) = 85.45 days
• bfacenjoro
• May 02, 2018 at 6:31pm

Inventory turnover ratio Inventory turnover ratio shows how many times a company's inventory is sold or... View the full answer

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