Question: Same Question Information A Sport Store ended the current year (2022) with total annual sales (at cost) of $39 million. The inventory turned over 3

Same Question Information A Sport Store ended the current year (2022) with total annual sales (at cost) of $39 million. The inventory turned over 3 times. If they expect sales (at cost) to increase 12% next year and want to maintain the same inventory turnover ratio (i.e., 3), what will be their average inventory? 12.5 million 14.56 million 15.45 million 20.33 million

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