The purchaser believes that 35 pairs of jeans should be kept in reserve. Every two weeks, she intends to place another order. Deliveries take one week. Twenty sales are anticipated per week. Determine the yearly unit stock turnover. 18.91 16.53 19.27 17.33

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P: Negus Enterprises has an inventory conversion period of 50 days, an average collection period of 35...
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The purchaser believes that 35 pairs of jeans should be kept in reserve. Every two weeks, she intends to place another order. Deliveries take one week. Twenty sales are anticipated per week. Determine the yearly unit stock turnover.

18.91
16.53
19.27
17.33 

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