« previous next »

Author Question: The current inventory turnover at retail for Johnny's Apple Shop is 2.8, based on net sales of ... (Read 124 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?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

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?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Evidence-based practice: skin assessment Evidence-based practice: skin assessment
Respirator decision logic based on the EPA method. It is very important to know when to use supplied ... Respirator decision logic based on the EPA method. It is very important to know when to use supplied ...
Apple art Apple art
questions based questions based
A clone-by-clone, or map-based A clone-by-clone, or map-based
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library