The following accounting information pertains to two grocery store chains. One grocery store chain has...
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The following accounting information pertains to two grocery store chains. One grocery store chain has a market only high end organic food products while the other grocery store sells less expensive foods that are traditionally grown with 772 strategy of selling of pesticides, synthetic fertilizers, and/or genetically modified organisms The company selling traditional produced foods has an average inventory balance of $45,000, while the company s foods has an average inventory balance of $40,000. Print a. Complete the table by filling in the missing amounts. b. Which grocery store chain is taking a lower cost/higher volume strategy as it relates to sales? c1. Calculate the inventory turnover and average days to sell inventory for each grocery c2. Based on your calculations, which grocery chain will be required to reorder inventory more frequent store chain. y? below Complete this question by entering your answers In the tabs RegAResegCReg Req C2 Req Ci Which grocery store chain is taking a lower cost/higher volume strategy as it relates to sales? Req C1 > K Re
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