At the beginning of the year, American International had ...

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At the beginning of the year, American International had inventory worth 325,500 at cost. At the end of the year, the cost value of the inventory was 540,250. If annual cost of goods sold was 1,978,250 find the inventory turnover at cost for the year. (Round your answer to the nearest tenth)
 A) 3.7
  B) 4.6
  C) 5.2
  D) 1.9

Question 2

The single equivalent discount is a single trade discount that equates to all the discounts in a(n) ___________________ _ or ___________________ _.
 Fill in the blank(s) with correct word

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Answer to Question 1

B

Answer to Question 2

series, chain/chain, series

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