Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
juncmodule juncmodule
wrote...
Go to Answer
Posts: 685
Rep: 15 1
6 years ago
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
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
Read 111 times
1 Reply
Essentials of Entrepreneurship and Small Business Management 6th Edition by Scarborough
Replies
Answer verified by a subject expert
CalbertoCalberto
wrote...
#1
Top Poster
Posts: 738
Rep: 4 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

juncmodule Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
djeghri
wrote...

Yesterday
Helped a lot
erimis
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1086 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 64
  
 604
  
 206
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Which is the best fuel for late night cramming?