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1. Clothes for Men casuals has $20 million net sales. Average inventory at retail is $17 million. What is Clothes for Mens inventory turnover? 2.
1. Clothes for Men casuals has $20 million net sales. Average inventory at retail is $17 million. What is Clothes for Mens inventory turnover?
2. What is the inventory turnover of a pet shop chain with annual sales of $20 million, average inventory at cost of $6 million, and a gross margin of 40 percent?
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