Second Chance Gaming has to restock a popular electronic game every 2.5 days as it completely sells out in that period of time. What is the inventory turnover rate for this game

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The inventory turnover rate for this game is 146 times.

Inventory turnover is the rate at which inventory is sold or used and exchanged. Inventory turnover is calculated by dividing the cost of goods by the average inventory level for the same period.

The higher the ratio, the higher the sales, and the lower the ratio, the lower the sales. The higher the inventory turnover, the better.

High inventory turnover usually means that a company is selling a product quickly and is in high demand for that product. On the other hand, low inventory turnover may indicate a decrease in sales of a company's products and a decrease in demand.

Learn more about the inventory turnover rate here: https://brainly.com/question/18914383

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