Solved

Calculate the Days of Inventory (DOI) If Average Inventory Is

Question 106

Essay

Calculate the days of inventory (DOI) if average inventory is $100 million (calculated in terms of costs) and the monthly cost of goods sold (COGS) is $85 million.Use 30 days per month.

Correct Answer:

verifed

Verified

DOI is calculated as: Average Dollar Inv...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents