Question: The following table shows financial data ( year 2 0 0 6 ) for Dirt Cheap Wholesale and Kwiki - Mart, two US retailers. DIRT

The following table shows financial data (year 2006) for Dirt Cheap Wholesale and Kwiki-Mart, two US retailers.
DIRT CHEAP WHOLESALE KWIKI-MART STORES
Inventories ($MM)475440894
Sales (net $MM)69217497206
COGS ($MM)62762426606
Assume that both companies have an average annual holding cost rate of 20%(i.e. it costs both retailers $2 to hold an item that they procured for $10 for one entire year). What is the average inventory turns in Dirt Cheap and in Kwiki-Mart? Assume that stores operate 365 days a year.

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