The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
The 2016 average days inventory outstanding is:
A) 136.2 days
B) 133.9 days
C) 121.5 days
D) 49.6 days
E) None of the above

Question

The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
 The 2016 average days inventory outstanding is:
A) 136.2 days 
B) 133.9 days 
C) 121.5 days 
D) 49.6 days 
E) None of the above

Quizplus · Accepted Answer

The Answer of The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
 The 2016 average days inventory outstanding is:
A) 136.2 days 
B) 133.9 days 
C) 121.5 days 
D) 49.6 days 
E) None of the above

The January 28, 2017 (Fiscal Year 2016) Financial Statements of Caleres