A retail firm has net annual sales of $6,000,000 . Its average monthly inventory at hand (at retail) was $1,500,000 . Its annual rate of stock turnover is _____
a. 0.25
b. 3.0
c. 3.5
d. 4.0
d
Business
a. 0.25
b. 3.0
c. 3.5
d. 4.0
d