Question
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
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 |
| 1 | $11,686 | $18,979 |
| 2 | $12,535 | $19,226 |
| 3 | $14,889 | $22,678 |
| 4 | $15,756 | $21,991 |
| 5 | $14,342 | $20,698 |
| 6 | $13,676 | $17,834 |
| 7 | $15,889 | $22,793 |
| 8 | $16,756 | $23,545 |
| 9 | $15,342 | $21,698 |
| 10 | $14,676 | $17,438 |
| 11 | $16,889 | $24,678 |
| 12 | $17,756 | $24,545 |
| EOM |
| $22,756 |
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The Auditory Culture Reader
Authors: Michael Bull, Les Back
2nd Edition
1472569024, 978-1472569028
