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What will the inventory turnover rate be for a pharmacy if the inventory value is $255,000 and the pharmacy has sales of $3 million?

A 11.76

Answer = 11.76. Inventory turns can be calculated by dividing total sales by the inventory value or the average inventory value. Sales ($3,000,000)/ Inventory ($255,000) = 11.76 inventory turns.


dochossam germany

10 months ago


Just Patti

10 months ago

Easy to use with concise explanations. Repetition of wrong answers helps you learn.

shamara bollinger

10 months ago

Very helpful and easy to use. I do wish they switched the questions up more but still a really good app.

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