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  11) If a firm turns over inventory once a week,

Question :   11) If a firm turns over inventory once a week, : 2066015

 

11) If a firm turns over inventory once a week, they would have ________ inventory turns per year.

12) Best Tools turns over inventory once every month and its annual cost of goods sold is $180 million. The amount of average inventory they carry is ________.

13) Stock that is owned by the supplier but is in the physical possession of the buyer is known as ________.

14) Inventory which is managed by the supplier but is housed by the buyer is known as ________.

 

 

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