shey6172 shey6172

04-03-2019
Business

contestada

Compute the stock turnover for a product that has sales of 350 units and an average of 70 units in inventory.

a) 7

b) 5

c) 6

d) 10

Respuesta :

04-03-2019

B. 5

To compute stock turnover divide Sales/Average inventory

350/70= 5

Stock turnover is the amount of times inventory is sold in a given time period.

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