A customer purchased 3 tablets for 1.25 each, 6 pencils for 0.20 ...

[RYAN BANYAN]

A customer purchased 3 tablets for 1.25 each, 6 pencils for 0.20 each, and 2 notebooks for 1.35 each. All prices include tax. The customer handed the salesperson a ten-dollar bill. Compute the amount of change the customer should have received.

Question 2

Favorite Flavors, Inc takes inventory semiannually and bases inventory on selling price. Beginning inventory for the year was 95,300 . Inventory at the end of the first six months was 112,000 . Ending inventory for the year was 99,900 . Net sales for the year equal 327,680 . Compute the inventory turnover at retail.

[spencer.martell]

Answer to Question 1

2.35

Answer to Question 2

3.2 times