Keto Grocery Store sells 400 gallons of milk each month. The average on-hand inventory is 50 gallons.
Question:
Keto Grocery Store sells 400 gallons of milk each month. The average on-hand inventory is 50 gallons.
What is the inventory turnover? What does it mean?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Given the next 6 months aggregated demand forecast and other related information in the following tables. MonthProject Demand (unit) Operation Cost (unit)Capacity/Month (unit) Jan200Regular$100200...
-
With the outbreak of COVID-19, the world is experiencing a severe shortage of ventilators for treating patients in hospitals. DBS is a manufacturer of ventilators in Melbourne. It uses a special...
-
The demand for a product is normally distributed with an average of 15000units/year. the standard deviation of daily demand is 15 units. the lead time 12 days . the ordering cost 60 dollar/order and...
-
A wooden bookshelf has external dimensions as follows :Height = 110cm, Depth = 25cm, Breadth = 85cm (see figure). The thickness of the plank is 5 cm everywhere. The external faces are to be polished...
-
A vessel of volume V = 30 1 contains ideal gas at the temperature 0 C. After a portion of the gas has been let out, the pressure in the vessel decreased by p = 0.78 atm (the temperature remaining...
-
Generally in most Anglo-Saxon economies, managers have an obligation to act in the interests of shareholders. In other countries, they may have wider obligations to society as a whole. What are the...
-
In general how have interest rates changed since the late 1980s according to Figure 11.1? FIGURE 11.1 Interest and Inflation Rates, 1988-2010 10p Rate (%) 8 6 10-Year Treasury Bonds 4 2 AAA Corporate...
-
"Part 1: The Performance Lawn Equipment database contains data needed to develop a pro forma income statement. Dealers selling PLE products all receive 18% of sales revenue for their part of doing...
-
Prove that the series (1+3i)" zn n= 4" n ln (n) converges for all z such that || 2. Here In: (0, ) R is the natural logarithm.
-
Based on the following information, how many days of supply of inventory is the firm holding (assume 250 days of operation per year)? Interpret your answer if the industry average inventory days...
-
What is vendor-managed inventory?
-
Write an SQL query using the university schema to find the ID of each student who has never taken a course at the university. Do this using no subqueries and no set operations (use an outer join).
-
Researching about Telus communications Inc. (canada) diversity and inclusion initiatives and a report that have the following sections: 1. Company's Diversity and Inclusion Strategies 2. Company's...
-
What is three key arguments for a new job opportunity interview.? Explain briefly with example.
-
What attributions have Lisa, Steve, and Konrad made? Make sure to include information about consensus, consistency, and controllability. What are the sources of uncertainty in the case? What...
-
using scratch paper if necessary. Then decide which is the best of the choices given and select the corresponding option DISTRIBUTION OF A FAMILY'S ANNUAL BUDGET OF $42,000 Category Percent Food 20%...
-
Effective business communicators have a competitive edge in the job market. For this assignment, you must identify a position through an online search that is in a field you wish to work in. You can...
-
What is the Eurocurrency market? What are the main factors determining foreign exchange rates in that market? Differentiate between the nominal interest rate and the effective interest rate in this...
-
Show that every group G with identity e and such that x * x = e for all x G is abelian.
-
Find examples where companies have used features related to environmental sustainability to win new customers.
-
What are the major priorities associated with operations and supply chain strategy? How has their relationship to each other changed over the years?
-
Why does the proper operations and supply chain strategy keep changing for companies that are world-class competitors?
-
Greystone Inc. had the following data for 2019: Cash $100 Accounts payable $200 Accounts receivable 1100 Accruals 100 Inventory 600 Notes Payable 1,000 Current Assets 1,800 Current Liabilities $1,300...
-
In the construction industry, Kyle Engineering Inc. has secured a contract to build a state-of-the-art bridge at a contracted price of $18,000,000. The company follows the percentage-of-completion...
-
David was the income beneficiary of a trust created by George with a remainder to Zander or Zander's estate. David also had a noncumulative general power to appoint $15,000 per year out of the corpus...
Study smarter with the SolutionInn App