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If a Retailer's Annual Stockturn Rate Shifted to 20 from 5

Question 116

Multiple Choice

If a retailer's annual stockturn rate shifted to 20 from 5, then selling products costing $100,000 would require ______________ rather than $20,000 in working capital to carry the needed inventory.


A) $10,000
B) $80,000
C) $8,000
D) $500
E) $5,000

Correct Answer:

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