Question: You recently learned that the average inventory turnover for restaurants that compete with Taco Joe s is 6 6 . 5 . Use the information
You recently learned that the average inventory turnover for restaurants that compete with Taco Joes is Use the information below to calculate Taco Joes inventory turnover for the current year. How does Taco Joes ratio compare to that of its competitors?
in thousandsCurrent YearPrior YearNet Sales$ $ Cost of Goods SoldAverage Inventory
Note: Round your answer to decimal places.
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