What will sales be for given average retail inventory
Problem: What will sales be if average retail inventory is $48,000 and inventory turnover is 7.8? Discussion: Inventory turnover is 7.8. Does this mean the entire physical inventory has been replaced 7.8 times during the year?
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What will sales be if average retail inventory is $48,000 and inventory turnover is 7.8? Discussion: Inventory turnover is 7.8.
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