Viper Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is...


Viper Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is the Viper Corporation's Inventory turnover ratio?

A. approximately Php 4
B. approximately 5 days
C. approximately 6 times in a year
D. approximately 5 times in a year
E. approximately Php 6



Jun 06, 2022
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