Salad Daze maintains an inventory of produce worth $530. Its total bill for produce over the course of the year was $77,000. How old on average is the lettuce it serves its customers? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Business

Yosef Stuart

11 February, 00:18

Salad Daze maintains an inventory of produce worth $530. Its total bill for produce over the course of the year was $77,000. How old on average is the lettuce it serves its customers? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Jessica Thompson · Answer 1

2.51 days

Explanation:

The computation of the average aging of the lettuce is shown below:

= Inventory to be produced : total bill produced * total number of days in a year

= $530 : $77,000 * 365 days

= 2.51 days

We simply divide the inventory to be produced by the total bill produced and then multiplied it with the total number of days in a year so that aging of lettuce can come