What Is Inventory Turnover? - Definition, Formula & Calculation
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SOLVED: Calculating Stock Turnover and Sales RatioIn the spreadsheet below, calculate the annual stock turnover rate based on the following monthly sales and inventory figures. Calculate the stock-sales ratio for each month. Use the spreadsheet to record them on the appropriate table below. Use the problem to the right for data entry. (Credit will not be given for any item without the correct formula entered in the spreadsheet. You must do this via Excel, not by hand.)INVENTORY LEVELSMonth 1 2 3
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