Question

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.)

Answer 1

2.51 days

Step-by-step 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