Question
Marvin seafood Inc has a revenue of $3,500,000 and its cost of sales was $2,300,000. Assume 365 days per year. Because much of his inventory
Marvin seafood Inc has a revenue of $3,500,000 and its cost of sales was $2,300,000. Assume 365 days per year. Because much of his inventory has a short shelf life. Marvin keeps only 7 days of supply of inventory on average. Then, what is his annual inventory turns?
a. 9.45
b. 52.14
c. 168.60
d. 57.96
NO PAPER WORK ONLY TYPED ANSWERS
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Project management
Authors: Harvey maylor
4th Edition
027370432X, 978-0273704324
