JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What

Question:

JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What is the company's ?
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...