Business, 05.03.2021 01:50 giulissaf

Joe's Beer, Bait, & Tackle Co. Joe's Beer, Bait, & Tackle Co. is a small chain of fishing tackle stores in northern Minnesota. In 2009, the company's revenue was $4,300,000 and its cost of sales was $3,200,000. Assume 52 weeks and 365 days per year. Joe keeps only 5.5 days-of-supply of inventory on average because much of his inventory is live bait and micro-brew beer, both of which have a short shelf life. What is his annual inventory turns? (Round the answer to 2 decimal places.)

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Joe's Beer, Bait, & Tackle Co. Joe's Beer, Bait, & Tackle Co. is a small chain of fishing ta...

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