If Vito,Inc.has an inventory turnover ratio of 5 times,its days to sell must be:
A) 73 days.
B) 73 times per year.
C) 14 days.
D) 14%.

Name: If Vito,Inc.has an inventory turnover ratio of 5 times,its days to sell must be: A) 73 days. B) 73 times per year. C) 14 days. D) 14%.
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Question

Quizplus · Accepted Answer

The days to sell (or days in inventory) is calculated as 365 divided by the inventory turnover ratio. For Vito, Inc., this would be 365 / 5 = 73 days.