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The time taken to convert inventory into sales is also called the:
ADays of inventory
BDays of interest
CDays of insurance
DDays of instalment
Answer & Solution
Correct answer: A. Days of inventory
1. It is the inventory conversion period.
2. Stock must move before cash returns.
3. It is the days of inventory.
_Source: OpenStax Principles of Finance 2e, Chapter 19, The Importance of Working Capital._
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