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Subject - Accounting:

Financial Accounting

MCQ - 174-176

Question:

The Inventory Turn over ration is 5 times and numbers of days in a year is 365.Inventory holding period in days would be

  1. 100 days
  2. 73 days
  3. 50 days
  4. 73 days

Correct Answer: B

Explanation:

Inventory holding period = no. of days in a year/inventory turnover ratio

Record Performance

355 MCQ for effective preparation of the test of Financial Accounting of Accounting section.

Read the MCQ statement: The Inventory Turn over ration is 5 times and numbers of days in a year is 365.Inventory holding period in days would be , keenly and apply the method you have learn through the video lessons for Financial Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 174-176.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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