What is the retailer average daily sales rate

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A. Suppose a retailer turns its inventory of soda 50 times per year. On average, it has 400 bottles of soda on its shelves. What is the retailer’s average daily sales rate? (Assume 365 days per year.)

B. Suppose a retailer’s annual inventory turns are 7.5. What are its days-of-supply of inventory? (Assume 365 days per year.)

Reference no: EM131730895

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