Anderson Farms,Inc.provided the Following for 2018

question 115

Multiple Choice

Anderson Farms,Inc.provided the following for 2018:

Calculate the company's inventory turnover ratio for the year.(Round your answer to two decimal places. )

• A)3)82 times per year
• B)2)68 times per year
• C)2)06 times per year
• D)1)34 times per year

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Definitions:

Discontinuous Innovation

Innovations that represent a significant departure from existing practices and often create new markets or transform existing ones.

Normal Routine

Typical daily activities or procedures followed by an individual or organization.

New Patterns Of Behavior

Refers to the emergent behaviors and habits of individuals or groups, especially as seen in consumer markets or societal changes.

Brand Extension

The practice of using an established brand name to introduce a new product in a different category.