The grocery industry has an annual inventory turnover of, Ask an Expert

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The grocery industry has an annual inventory turnover of about 14 times.

Organic Grocers, Inc. had a cost of goods sold last year of $10.5 million; its average inventory was $1.0 million. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92011151

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