Question: The following table shows financial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average annual

The following table shows financial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average annual holding cost rate, of 20% (i.e. it costs both retailers $2 to hold an item for one entire year that they procured for $10). Inventories ($MM) Sales (net SMM) COGS (MM) Save-A-Lot 5,743 59,217 53,962 Wally's Mart 40,694 397,206 316,606 How many days, on average, does a product stay in Save-A-Lot's inventory before it is sold? Assume that stores operate 365 days a year

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