The net sales for The Halloween Costume Shop in 2005 was $45,000; its cost of goods...

    

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The net sales for The Halloween Costume Shop in 2005 was $45,000; its cost of goods sold was $28,000, its average inventory at cost was $16,000; its average inventory at retail was $30,000; and its gross margin was $17,000. Please calculate its sales-to-stock ratio. The net sales for The Halloween Costume Shop in 2005 was $45,000; its cost of goods sold was $28,000, its average inventory at cost was $16,000; its average inventory at retail was $30,000; and its gross margin was $17,000. Please calculate its sales-to-stock ratio.

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