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Author Question: Calculate the inventory turnover at cost for Ricky's Department Store. The starting inventory at ... (Read 76 times)

haleyc112

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on: Jun 24, 2018
Calculate the inventory turnover at cost for Ricky's Department Store. The starting inventory at cost was 485,800 and the ending inventory at cost was 236,000. Cost of goods sold for the year totaled 2,670,660. (Round your answer to the nearest tenth)
 A) 7.4
  B) 5.5
  C) 3.7
  D) 11.3

Question 2

The net price factor, usually written in decimal form, is the ___________________ _ of the trade discount rate.
 Fill in the blank(s) with correct word


Cheesycrackers

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

complement


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