Suppose that a movie theater snack bar turns over its inventory of candy 3.9 times per month. (Round your answer to 2 decimal places.) If the snack bar has an average of 370 boxes of candy in inventory, what is its average daily sales rate for candy? (Assume that there are 30 days per month.) 48.10 boxes per day
Suppose that a movie theater snack bar turns over its inventory of candy 3.9 times per month. (Round your answer to 2 decimal places.) If the snack bar has an average of 370 boxes of candy in inventory, what is its average daily sales rate for candy? (Assume that there are 30 days per month.) 48.10 boxes per day
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Transcribed Image Text:Suppose that a movie theater snack bar turns over its inventory of candy 3.9 times per month.
(Round your answer to 2 decimal places.)
If the snack bar has an average of 370 boxes of candy in inventory,
what is its average daily sales rate for candy? (Assume that there are
30 days per month.)
48.10 boxes per day
Transcribed Image Text:An electronics manufacturer has 21 days-of-supply of inventory for a particular cell phone model.
(Round your answer to 1 decimal place.)
Assuming 365 days per year, what is the annual inventory turns of
this cell phone model?
17.4 turns
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