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A pharmacy manager determines that the pharmacy’s average inventory value is $228,050.00. The pharmacy’s annual purchase amount is $725,000.00. What is the pharmacy’s turnover rate? (round to the nearest hundredth) Group of answer choices 3.18 1.46 2.20 0.69

A pharmacy manager determines that the pharmacy’s average inventory value is $228,050.00. The pharmacy’s annual purchase amount is $725,000.00. What is the pharmacy’s turnover rate? (round to the nearest hundredth) Group of answer choices 3.18 1.46 2.20 0.69

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A pharmacy manager determines that the pharmacy’s average inventory value is $228,050.00. The pharmacy’s annual purchase amount is $725,000.00. What is the pharmacy’s turnover rate? (round to the nearest hundredth)
Group of answer choices
3.18
1.46
2.20
0.69
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