Question: A well store has a current inventory valued at $50,000. Its annual cost of goods sold is $500,000. Its revenue per square foot is $250
A well store has a current inventory valued at $50,000. Its annual cost of goods sold is $500,000. Its revenue per square foot is $250 and margin is 50 %. What is its overall inventory turn ?
1. 10
2. 200
3. 20
4.400
5.1000
6.77
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