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1. Calculate the annual stock turnover rate based on the following monthly sales and inventory figures. Calculate the stock-sales ratio for each month. Month Sales

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1. Calculate the annual stock turnover rate based on the following monthly sales and inventory figures. Calculate the stock-sales ratio for each month. Month Sales Retail Stock $10,000 $30,000 $11.000 $32,000 $13.000 $36,000 $16.000 $37.000 $19.000 $34.000 $9.000 $22,000 $11,000 $32,000 $13.000 $31.000 $16.000 $37.000 10 $19.000 $31,000 11 $21.000 $29.000 12 $25,000 $34,000 EOM $19,500

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