What was organic grocers inventory turnover

Assignment Help Business Management
Reference no: EM131256358

The grocery industry has an annual inventory turnover of about 14 times.

Organic Grocers, Inc. had a cost of goods sold last year of $10.5 million; its average inventory was $1.0 million. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?

Reference no: EM131256358

Questions Cloud

Discuss the relationship between psychopathy and crime : Describe how to build appropriate bridges between psychology and the justice field where those with deviant or criminal behavior can be appropriately treated given their psychological condition.
What are the two main rationales for government intervention : What are the two main rationales for government intervention in employment discrimination? Why have affirmative action programs caused such controversy with the public?
Business or professional leader : Watch a speech broadcast on C-SPAN by a business or professional leader. Critique his or her use of gestures, movement, posture, eye contact, facial expression, vocal delivery, and appearance. Using the principles of effective delivery presented i..
How have students performed compared against each othee : How have they performed compared against each other? Again, the question is, can you achieve a diversified portfolio by holding companies in the same industry, the financial industry?
What was organic grocers inventory turnover : What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?
What are diagnostic criteria for internet addictive disorder : Describe the research that has been done to determine when children develop a sense of self. At what age do children show a sharp increase in self-awareness? Consider someone you know who comes from a biracial family. What are some of the strugg..
Error on the gym bid notice : CUSD caught the error on the gym bid notice three days before the bids were to be received. A day later it sent a notice out by mail to all potential bidders, including Dave's Dry Wall.
Explain the organizational change or cultural change model : Analyze Dr. Marsh's challenges and their influence on an organization's culture. Summarize the leadership style you would adopt to influence the organization's culture and why. Explain the organizational change or cultural change model or steps you w..
Advantages of each of dardens four supply chains : What are the advantages of each of Darden's four supply chains? -  What are the complications of having four supply chains?

Reviews

Write a Review

Business Management Questions & Answers

  Price of the bond in percentage

Question: What has been the impact on the price of the bond in percentage terms?

  The effective annual rate of interest

Company X sells on a 1/30, net 60 basis. Customer Y buys goods invoiced at $1,000.  What is the effective annual rate of interest if Y pays on the due date rather than on day 30?

  Estimate of the stock current value

Management's forecast of the future dividend stream, along with the forecasted growth rates, is shown below. Assuming a required return of 11.00%, what is your estimate of the stock's current value?

  Identify a non-global company

Identify a non-global company - Select a market entry strategy and create a 3-4 page description of how you would enter a specific global market using your chosen entry strategy.

  Is it better to have more money in liabilities or equity

How are liabilities taken into account when analyzing an organization's current financial position?

  What was the current account balance

Assume there are only 3 countries in the world: X, Y, and Z. In 2010, X ran a Current Account deficit of $10 billion while X ran a Current Account surplus of $3.5 billion. What was the Current Account balance for Z? Was it a surplus or a deficit?

  What will is the value of your transaction today

You represent a US based business involved in an international (cross-border) purchase. In order to complete your purchase you will need one million in foreign currency (UK Pounds/Brazilian Real/Thailand Bhat)

  Calculate the sample variance and standard deviation

Calculate the sample variance and standard deviation for this data (since it is a case of grouped data- use group or class midpoints in the formula in place of X values, and first calculate the sample mean).

  Conducting a swot analysisrapid reflection model

conducting a swot analysisrapid reflection model characteristicsin 300 words or less briefly describe a situation where

  Integral part of our national transportation system

While studying pipelines, it becomes obvious that pipelines are an integral part of our national transportation system.  Many are right in our neighborhood, or very close to the city limits.

  Evaluate how a database management system used

Evaluate how a database management system and a data warehouse are currently used, or could be used, within the organization. Analyze how the five agent-based technologies are currently used, or could be used, within the organization

  Explain and identify the kind of societal expectation

Explain and Identify the kind of societal expectation of behavior and what standard of behavior is most appropriate

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd