Inventory turns are calculated by annual cost of goods sold

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Reference no: EM13841150

Inventory turns are calculated by annual cost of goods sold divided by avg inventory. An online book seller has an avg $10,000,000 in inventory and a turn of 3. Printing on demand can reduce inventory to $2,500,000 for the same sales volume. What is the new inventory turn?

Reference no: EM13841150

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