Blanchard,Inc.provided the Following for 2017

question 85

Multiple Choice

Blanchard,Inc.provided the following for 2017:

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

• A)3.69 times per year
• B)2.53 times per year
• C)1.92 times per year
• D)1.26 times per year

---

Definitions:

Low-context Culture

A communication style where messages are explicit, specific, and detailed, often requiring less interpretation based on shared context or knowledge.

Homogeneous Country

A nation in which the population has a high degree of similarity or uniformity in aspects such as culture, language, or ethnicity.

Subcultures

Groups within a larger culture that have their own distinct norms, values, and traditions.

Feng Shui

An ancient Chinese philosophical system of harmonizing individuals with their surrounding environment through specific spatial arrangements.