A year has 360 days a dealership has 6 cars in tis, Ask an Expert

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A year has 360 days. a dealership has 6 cars in tis inventory at the beginning of the year. In addition it purchases 10 cars at the beginning of each month (including the first month) and sells a care every 3 days.

Assume that the cars are sold in the order in which they were purchased and each car costs the same.

For how many days on average does a car stay in the dealers warehous?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93051301

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