The following information applies to krynton company, which supplies microscopes to laboratories throughout the country. krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. annual demand (weekly demand = 1/52 of annual demand) 52,000 units orders per year 20 lead time in days 15 days cost of placing an order $100 what is the reorder point?
a. 1,040 units
b. 2,143 units
c. 1,580 units
d. 3,080 units

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)