A company had November and December sales last year of 45,00 . ...

[leilurhhh]

A company had November and December sales last year of 45,00 . and 55,000 . respectively, and November sales this year of 30,00 . . Compute the amount needed to be sold in December to equal last year's November and December sales.

Question 2

Bud's Blooms takes inventory quarterly and bases inventory on selling price. Beginning inventory for the year was 264,500 . Inventory at the end of the first quarter was 267,200 . at the end of the second quarter, 271,000 . at the end of the third quarter, 273,000 . and at the end of the year, 265,300 . Net sales for the year equal 777,780 . Compute the inventory turnover at retail.

[31809pancho]

Answer to Question 1

70,00 . December sales

Answer to Question 2

2.9 times

[leilurhhh]

Thanks for the timely response, appreciate it

[dreamfighter72]

TYSM