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Home Q & A Board Other Fields Homework Help Business Management
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juncmodule juncmodule
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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:
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Essentials of Entrepreneurship and Small Business Management 6th Edition by Scarborough
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CalbertoCalberto
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6 years ago
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juncmodule Author
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6 years ago
Brilliant ツ
missnoname
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
rhockeygirl
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2 hours ago
Thanks for your help!!
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