Question
A do-it-yourself home improvement store has annual cost of good sold of $49 million. Average inventory on hand is 12,950 units valued on average at
A do-it-yourself home improvement store has annual cost of good sold of $49 million. Average inventory on hand is 12,950 units valued on average at $520 per unit.
What is the inventory turnover rate? Enter your answer rounded to two decimal points
Assuming 52 weeks per year, how weeks of supply are on hand? Enter your answer rounded to two decimal points
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Corporate Information strategy and management
Authors: Lynda M. Applegate, Robert D. Austin, Deborah L. Soule
8th edition
73402931, 73402932, 978-0073402932
