A department had net sales of $510,000 for the 6-month season ending January 31. Calculate...
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A department had net sales of $510,000 for the 6-month season ending January 31. Calculate the stock turnover for the season when monthly stocks (at retail value) were as follows: August 1 September 1 October 1 November 1 December 1 January 1 February 1 $ 80,000 $ 105,000 $ 100,000 $ 195,000 $ 265,000 $ 115,000 $ 85,000 3.45 3.62 0 3.24 3.78
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