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The company selling traditional produced foods has an average Inventory balance of $45,000, while the company selling organic foods has an average Inventory balance of
The company selling traditional produced foods has an average Inventory balance of $45,000, while the company selling organic foods has an average Inventory balance of $40,000 a. Complete the table by filling in the missing amounts. b. Which grocery store chain is taking a lower cost/higher volume strategy as it relates to sales? c1. Calculate the inventory turnover and average days to sell Inventory for each grocery store chain. c2. Based on your calculations, which grocery chain will be required to reorder inventory more frequently? Complete this question by entering your answers in the tabs below. Reg A ReqB Reqci Reg.cz Complete the table by filling in the missing amounts. Traditional Organic Sales $ 800.000 Cost of Goods Sold 300,000 Gross Margin $ 200,000 Gross Margin Percentage 35% $ of pesticides, synthetic tertilizers, and/or genetically modified organisms. The company selling traditional produced foods has an average Inventory balance of $45.000, while the company selling organic foods has an average inventory balance of $40,000 a. Complete the table by filling in the missing amounts. b. Which grocery store chain is taking a lower cost higher volume strategy as it relates to sales? c1. Calculate the inventory turnover and average days to sell Inventory for each grocery store chain c2. Based on your calculations, which grocery chain will be required to reorder inventory more frequently? Complete this question by entering your answers in the tabs below. Reg A Reg B Reg C1 Reg C2 Calculate the inventory turnover and average days to sell inventory for each grocery store chain. (Use 365 days in a year. Round your "Inventory Turnover Ratios" to 1 decimal place and all other answers to the nearest whole number) Inventory turnover Average days to ratios sell inventory Traditional times days times days Organic
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