February 23, 2017

Homework Help: Math please check answer

Posted by Michalea on Thursday, November 29, 2007 at 7:00am.

please check my answer thanks :)

A Pet supply store recorded net sales of $423,400 for the year. The store's beginning inventory at retail was $105,850 and it's ending inventory at retial was $127,020. What would be the inventory turnover at retail, rounded to the nearset tenth?

My answer is 3.3

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