Business, 06.03.2020 19:33 pjgolden04

Tefft Industries has an average inventory of $170,000, sells on terms of 2/10, net 30, and its cost of sales is $540,000. What is Tefft’s inventory conversion period?

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Tefft Industries has an average inventory of $170,000, sells on terms of 2/10, net 30, and its cost...