Use the table for the question(s)below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2006.
A simplified balance sheet for the firm appears below:

-Luther's Inventory days is closest to:
A)32 days
B)59 days
C)39 days
D)42 days
E)47 days

Question

Use the table for the question(s)below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2006.
A simplified balance sheet for the firm appears below:
  
-Luther's Inventory days is closest to:
A)32 days 
B)59 days 
C)39 days 
D)42 days 
E)47 days

Quizplus · Accepted Answer

The Answer of Use the table for the question(s)below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2006.
A simplified balance sheet for the firm appears below:
  
-Luther's Inventory days is closest to:
A)32 days 
B)59 days 
C)39 days 
D)42 days 
E)47 days

Use the Table for the Question(s)below