Question
A retailer sells USD 90 billion worth products every year, and its average inventory is worth USD 10 billion. What are retailers days-of-supply (in years)
A retailer sells USD 90 billion worth products every year, and its average inventory is worth USD 10 billion. What are retailers days-of-supply (in years) and annual inventory turns?
a. 9 years and 1/9 per year
b. 1/9 years and 9 per year
c. 4/3 years and 3/4 per year
d. 3/4 years and 4/3 per year
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Contemporary Business
Authors: Louis E. Boone, Micheal H. Khan, DAvid L. Kurtz, Brahm M. Canzer
1st Canadian Edition
978-1118161739, 1118161734
