JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What

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JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What is the company's inventory turnover ratio?

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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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Posted Date: Jul 06, 2018 09:28 AM

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JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What is the company's inventory turnover ratio ?
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JP Vineyards has sales of $867,000, a gross profit margin of 0.314, and inventory of $177,000. What

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Computation of the companys inventory turnover r... View the full answer

Financial Management Principles and Applications

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