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he grocery industry has an annual inventory turnover of about 14 times Organic Grocers, Inc., had a cost of goods sold last year of $10,710,000; its average inventory was $988,300 What was Organic Grocers' inventory turnover, and how does that performance compa with that of the industry? ) What was Organic Grocers' inventory turnover? times per year (round your response to two decimal places) ) How does Organic Grocers' performance compare with that of the industry? It is the industry.

he grocery industry has an annual inventory turnover of about 14 times Organic Grocers, Inc., had a cost of goods sold last year of $10,710,000; its average inventory was $988,300 What was Organic Grocers' inventory turnover, and how does that performance compa with that of the industry? ) What was Organic Grocers' inventory turnover? times per year (round your response to two decimal places) ) How does Organic Grocers' performance compare with that of the industry? It is the industry.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc., had a cost of goods sold last year of $10,710,000, its average inventory was $988,300. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry? a) What was Organic Grocers' inventory turnover? times per year (round your response to two decimal places). b) How does Organic Grocers' performance compare with that of the industry? It is the industry.
Transcribed Image Text:The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc., had a cost of goods sold last year of $10,710,000, its average inventory was $988,300. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry? a) What was Organic Grocers' inventory turnover? times per year (round your response to two decimal places). b) How does Organic Grocers' performance compare with that of the industry? It is the industry.
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