How many inventory turns would a pharmacy experience if its initial inventory of the accounting period was $225,000, the final inventory of the period was $250,000, and it had sales of $2.75 million?

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A certified pharmacy technician (CPhT) is a health care professional who works with pharmacists to give patients their medication with the correct dosage when needed. Certified pharmacy technicians can work in a variety of pharmaceutical settings like retail pharmacies, hospitals, and nursing homes. Unlike other pharmacy technicians, CPhTs go through a certification process that requires education or experience and passing an exam. Generally, a certified pharmacy technician has passed an examination administered by either the Pharmacy Technician Certification Board (PTCB) or the National... Show more

How many inventory turns would a pharmacy experience if its initial inventory of the accounting period was $225,000, the final inventory of the period was $250,000, and it had sales of $2.75 million?