Bowa construction’s days sales outstanding is 50 days (on a 365-day basis). the company’s accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. what is the company’s inventory turnover ratio? (hint: start by finding total sales using dso equation: dso = accounts receivable/(sales/365) select one: a. 5.84 b. 4.25 c. 3.33 d. 2.75 e. 7.25

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.