In August, Sports Depot had an average retail inventory of $145,256 and retail sales of $645,320. Find the stock turnover at retail.

CheemnCatelvew

CheemnCatelvew

Answered question

2020-11-12

In August, Sports Depot had an average retail inventory of $145,256 and retail sales of $645,320. Find the stock turnover at retail.

Answer & Explanation

Jozlyn

Jozlyn

Skilled2020-11-13Added 85 answers

You want to find how many times they sold the value of the stock. 645320=145256x
Solve for x x4.5

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