Question

द इक्वेशन ऑफ इन्वेंटरी कन्वर्जन पीरियड इज कंप्लीटेड बाय​

Answer 1

Answer:

Answer:Inventory Conversion Period determines how much time it takes to convert the inventory into sales i.e the time taken from the purchase of the new inventory to the actual sale of the product. It is calculated as inventory divided by average sales or cost of sales and multiplied by 365 so as to know the exact days of conversion of inventory into sales.

Answer:Inventory Conversion Period determines how much time it takes to convert the inventory into sales i.e the time taken from the purchase of the new inventory to the actual sale of the product. It is calculated as inventory divided by average sales or cost of sales and multiplied by 365 so as to know the exact days of conversion of inventory into sales.Explanation:

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