What is the six-month stock turnover based on the following figures and net sales of $878,000? Round to two decimal points.   Month                          BOM Stock February                        $70,000 March                                73,000 April                                   85,000 May                                    82,000 June                                   78,000 July                                    75,000 August                             85,000

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
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What is the six-month stock turnover based on the following figures and net sales of $878,000? Round to two decimal points.

 

Month                          BOM Stock

February                        $70,000

March                                73,000

April                                   85,000

May                                    82,000

June                                   78,000

July                                    75,000

August                             85,000

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