What is inventory turnover for hamburger patties per year

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The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week and, on average, the store has 350 pounds of hamburger in stock. Assume that the hamburger costs $1.00 a pound. Assume 365 days/yr & 52 weeks/yr). What is the inventory turnover for the hamburger patties per year? Please show all steps to get answers!!

Reference no: EM131136824

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