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The grocery industry has an annual inventory turnover of about 1 4 times. Organic Grocers, Inc., had a cost of goods sold last year of
The grocery industry has an annual inventory turnover of about times. Organic Grocers, Inc., had a cost of goods sold last year of $; its average inventory was $ What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?
a What was Organic Grocers' inventory turnover?
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