Deuces Wild prints, stamps, and packages playing cards. They sell a variety of different SKU’s to both business customers, and consumers. Last year Deuces Wild sold $20 million worth of playing cards. Their cost of goods sold for the same period was $12 million. Their accounts payable averages $3 million at any point in time, while their accounts receivable averages $4 million. After a tremendous effort to lean-out the business, the inventory has dropped to $2 million and is expected to remain at that level for the foreseeable future.

What is Deuces Wild’s inventory turns? (Assume a year contains 365 days for all relevant calculations)

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ANS WER De uces Wild s inventory turns is 2 ... View the full answer