This topic contains a solution. Click here to go to the answer

Author Question: At the beginning of the year, American International had inventory worth 325,500 at cost. At the end ... (Read 43 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

B

Answer to Question 2

series, chain/chain, series




waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library