Solved: Question what was whole foods average inventory in 2007, Operation Management

Question what was whole foods average inventory in 2007

Whole Food's Market, the organic food retail chain, operates 365 days a year. In 2007, the company turned its inventory 25.6 times. The company reported a gross margin of 37.6% and annual sales of $6,592M that year. (Note: 'Margin' is defined here as 1 - COGS/revenues.)

QUESTION: What was Whole Food's average inventory in 2007 (valued at COGS)?

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