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

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 8EB: Using the following select financial statement information from Mover Supply Depot, compute the...

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1.46

2.20

0.69

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