A buyer has 90 pairs of his $25 price line in stock and 24 on orders are estimated at 30 per week A of 60 is maintained and stock is reordered every three weeks. It takes four weeks for delivery. Calculate OTB and () the stock turnover.

A buyer has 90 pairs of his $25 price line in stock and 24 on orders are estimated at 30 per week A of 60 is maintained and stock is reordered every three weeks. It takes four weeks for delivery. Calculate OTB and () the stock turnover.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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