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Posted: April 13th, 2023
Inventory Turnover
Inventory Turnover:
Please select your best alternative:
Your client has $1,000,000 and wants to buy product for resale. Which alternative will provide the greatest return on their investment and why.
1. A group of convenience stores, the average turnover of the bread and milk is 1.7 days, but the margin on the retail price will be only 2% that $0.02 dollar of sale.
2. A CATERPILLAR tractor sales outlet with an average inventory turn is 0.65 times per year, and can provide much greater margins, they are about 35% that $0.35 per sales dollar.
Remember to cite all resources in APA format for credit
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