3-11 What is the inventory turnover ratio as compared to the industry average? Iny turnover s Sales Inventories $7036 $1,716 =4.10X 2002E20012000Ind InV T. 4.1x 4.5x 4.8x 6.1x Copy right C 2002 Harcourt, Inc All rights reserved3 - 11 Copyright © 2002 Harcourt, Inc. All rights reserved. What is the inventory turnover ratio as compared to the industry average? Inv. turnover = = = 4.10x. Sales Inventories $7,036 $1,716 2002E 2001 2000 Ind. Inv. T. 4.1x 4.5x 4.8x 6.1x