Thank you for visiting Four companies computed their days sales in inventory as follows Company A 47 2 Company B 36 5 Company C 45 1 Company D 39. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
The most efficient and effective in managing its inventory is Company B.
Who is the most efficient?
The days' sales in inventory is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.
Days' sales in inventory = number of days in a period / inventory turnover
Inventory turnover = cost of goods sold / average inventory
To learn more about financial ratios, please check: https://brainly.com/question/26092288
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