Multiple Choice
Josh Smith, the materials manager at a retail store, has determined that a particular product experienced 5 turns last year, with an annual sales volume of $15 million. What was the average inventory value for this product last year
A) $1 million
B) $2.5 million
C) $3 million
D) $4.5 million
Correct Answer:
Verified
Correct Answer:
Verified
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