Posted by rose on Sunday, February 6, 2011 at 7:55pm.
a store recorded net sales of 423,400 for the year.the store's beginning inventory at retail was105,850 and it's ending inventory was127,020.
what would be the inventory turnover at retailrounded to the nearest tenth? i have no idea what i am doing.

math  helper, Sunday, February 6, 2011 at 8:09pm
Ending Inventory127,020
Beginning Inventory105,850
Diff. = Turnover21,170 Sold
Net Sales423,400
Divided by Units sold21,170
Per Unit Cost20
I don't know if this is what you need.
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