$\frac{1}{1}$

$100\%$

Retail Math

Inventory Turnover Homework

A category manager for a sporting goods category shows annual retail sales of $$250,000$ with an average retail inventory of $$110,000.$ What is the category's annual inventory turnover?

The category manager notices that last year their inventory turnover number was $2\mathrm{.}0.$ The category manager also notes that while last year's inventory levels were fairly stable, this year they are struggling to keep several of their products in stock.

What could the category manager infer about the health of their current inventory turnover number?

Refer to the table below to answer parts a $-d.$

$\backslash$table$[[$Unit sales,$100,000],[$Total sales,$$2,000,000$