CPIM Practice Test 10

10 free CPIM practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

CPIM Practice Test 10Tutor mode

Question 1 of 10

Plan and Manage Inventory

Use the following annual data: sales revenue is $6,000,000, the gross margin is 30% of sales, beginning inventory at cost is $650,000, and ending inventory at cost is $550,000. What is the inventory turnover, rounded to one decimal place?