Question
The current inventory turnover at retail for The Sports Authority is 4.7, based on net sales of $3,551,130. The published inventory turnover at retail is
The current inventory turnover at retail for The Sports Authority is 4.7, based on net sales of $3,551,130. The published inventory turnover at retail is 5.1. Since the actual turnover rate is less than the published rate, find the target average inventory at retail.
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
