Use the Information Above to Answer the Following Question

question 64

Multiple Choice

Use the information above to answer the following question.What is the inventory turnover for 2014?

• A)3.87
• B)4
• C)4.14
• D)2

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Definitions:

Units of Guns

A numerical measure representing the quantity of firearms, often used in discussions or models concerning economics or policy.

Units of Butter

A measure used to quantify butter in terms of recognized units, such as pounds or kilograms, often used in economic models as an example of a commodity.

Maximum Total Number

The highest possible aggregate count or quantity of a particular item or entity within a defined context.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on when choosing one option over another.