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bixtya [17]
3 years ago
5

Compute the stock turnover for a product that has sales of 350 units and an average of 70 units in inventory.

Business
1 answer:
Harrizon [31]3 years ago
4 0

B. 5

To compute stock turnover divide Sales/Average inventory

350/70= 5

Stock turnover is the amount of times inventory is sold in a given time period.

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The income gained on a stock is the increase in its value along with dividend that is paid out. This is compared to the original price (denominator) to determine how much returns is realised on the stock.

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