« previous next »

Author Question: The current inventory turnover at retail for Johnny's Apple Shop is 2.8, based on net sales of ... (Read 58 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
The current inventory turnover at retail for Johnny's Apple Shop is 2.8, based on net sales of 2,546,460. The published inventory turnover at retail is 4.2. Since the actual turnover rate is less than the published rate, find the target average inventory at retail.

Question 2

All-Ways Green Gardens buys plants with a list price of 15,000. If the supplier extends trade discounts of 20/15/1, what is the trade discount amount?
 A) 1,025.15
  B) 4,902.00
  C) 1,150.00
  D) 3,750.25


makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

606,300

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective. Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective.
Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ... Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ...
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Apple Vs Banana Apple Vs Banana
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Covalent bonds - role in the body

For a complete list of videos, visit our video library