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Last Year an Operation Had a Cost of Food Consumed

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Last year an operation had a cost of food consumed for meats of $310,000. In that year the operation had a beginning meat inventory of $15,000 and ending meat inventory of $16,000. What was the operation's inventory turnover for meat last year?


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The series of metabolic processes by which living cells produce energy through the oxidation of organic substances.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and is absorbed by plants in photosynthesis.

End Product

The final product resulting from a process, which could refer to manufacturing, metabolic pathways, or any sequence of actions.

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