JP Vineyards Has Sales Of $894,000, A Gross Profit Margin Of 0.352, And Inventory

JP Vineyards Has Sales Of $894,000, A Gross Profit Margin Of 0.352, And Inventory Of $171,000. What Is The Company's Inventory Turnover Ratio? Round To Two Decimal Places.

JP Vineyards has sales of $894,000, a gross profit margin of 0.352, and inventory of $171,000. What is the company's inventory turnover ratio? Round to two decimal places.

 


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