« previous next »

Author Question: The After Five Boutique took in 748,200 in sales during May. They started the month with inventory ... (Read 55 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 24, 2018
The After Five Boutique took in 748,200 in sales during May. They started the month with inventory worth 419,000 and spent 154,800 on new purchases during the month. Gross margin on sales was 40. Using the gross profit method, estimate the cost value of the inventory at the end of June.
 A) 385,100
  B) 124,880
  C) 134,880
  D) 724,250

Question 2

30 of the graduating class of North College received immediate job offers. If there were 650 graduating students, how many students received job offers?  The solution to the problem above is 21.667.
  Indicate whether the statement is true or false


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
Styles of Coping and Examples from the Brief COPE Inventory Styles of Coping and Examples from the Brief COPE Inventory
Exploring Getting Started With Microsoft Windows 8 Exploring Getting Started With Microsoft Windows 8
Calculate the accumulated value of monthly payments of $100.00 made at the end of each month ... Calculate the accumulated value of monthly payments of $100.00 made at the end of each month ...
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library