Explain how many days are on hand

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Q. The McDonald's fast food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week and on average the store has 350 pounds of hamburger in stock. Assume that the hamburger costs $1.00 a pound. Illustrate what is the inventory turnover for the hamburger patties? On average, explain how many days are on hand.

Reference no: EM13111494

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