What net sales volume is required to obtain a stock-turn rate of 20 times a year on

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What net sales volume is required to obtain a stock-turn rate of 20 times a year on an average inventory at cost of $100,000 with a gross margin of 25 percent?

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Principles of Marketing

ISBN: 978-0136079415

13th Edition

Authors: Philip Kotler, Gary Armstrong

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Question Posted: Mar 21, 2018 04:20 AM

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What net sales volume is required to obtain a stock-turn rate of 20 times a year on

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To calculate net sales use the following formula Net SalesCost of sales Gross ...View the full answer

Principles of Marketing

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