Solved

A Firm with a Stockturn Rate of 5 That Sells

Question 70

Multiple Choice

A firm with a stockturn rate of 5 that sells products that cost it $150,000 per year is keeping an average of _____ worth of inventory.

A) $75,000
B) $150,00
C) $750,000
D) $4,000
E) $30,000

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