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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Utilizing the following information, calculate the days inventory for this firm
Smith Plumbing MFG has hired you to help them with their cash flow. Here is their data:
Sales $525,000 Acct Payble $41,000 GPM 35%
Cash $12,000 Short Term Debt $120,000 OPM 22%
Inventory $65,000 Long Term Debt $180,000 NPM 10%
Reveivables $80,000 Owner’s Equity $700,000
Mkt Secur $25,000 Interest Expense $12,000
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