The financial records of Del Ltd reveal the following at 30 June 2016:

If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover?
A) 3 times p.a.
B) 6 times p.a.
C) 12 times p.a.
D) 9 times p.a.

Question

The financial records of Del Ltd reveal the following at 30 June 2016:

If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover?
A) 3 times p.a. 
B) 6 times p.a. 
C) 12 times p.a. 
D) 9 times p.a.

Quizplus · Accepted Answer

The Answer of The financial records of Del Ltd reveal the following at 30 June 2016:

If Del Ltd reduces the number of days' inventory on hand to 60, what will be the new inventory turnover?
A) 3 times p.a. 
B) 6 times p.a. 
C) 12 times p.a. 
D) 9 times p.a.

The Financial Records of Del Ltd Reveal the Following at 30