A store that sells bath oils, natural sponges, and other related items has an average retail inventory of $15,000. Its net sales for last year were $62,000, total assets were $500,000 and its net profit was $9,000. Calculate the retailer's inventory turnover.
A) 6.89
B) 8.06
C) 4.13
D) 24.2
E) 33.33

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The Answer of A store that sells bath oils, natural sponges, and other related items has an average retail inventory of $15,000. Its net sales for last year were $62,000, total assets were $500,000 and its net profit was $9,000. Calculate the retailer's inventory turnover.
A) 6.89
B) 8.06
C) 4.13
D) 24.2
E) 33.33

A Store That Sells Bath Oils, Natural Sponges, and Other