Biology Forums - Study Force

Other Fields Homework Help Management Topic started by: juncmodule on Aug 10, 2017



Title: Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory of ...
Post by: juncmodule on Aug 10, 2017
Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory of $156,000.  If Sarah could manage her inventory better and increase the number of turnovers to the industry average of 6 times per year, what average inventory would she need to generate the same level of sales?
A) $78,000
B) $52,000
C) $468,000
D) $312,000


Title: Re: Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory ...
Post by: Calberto on Aug 10, 2017
Content hidden