What was organic grocers inventory turnover

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Reference no: EM131705153

The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc. had a cost of goods sold last year of $10.5 milion ts average inventory was $1.0 million. What was Organic Grocers' inventory turnover, and how does that performance compare with that of the industry?

Reference no: EM131705153

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