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Author Question: The retail method of inventory estimation uses a comparison of goods available for sale at a cost ... (Read 155 times)

DelorasTo

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on: Jun 24, 2018
The retail method of inventory estimation uses a comparison of goods available for sale at a cost and at retail.
  Indicate whether the statement is true or false

Question 2

A second hand furniture store buys sofas with a list price of 9,500. If the wholesaler offers trade discounts of 10/20/30, find the single equivalent discount.
 A) 0.442
  B) 0.496
  C) 0.600
  D) 0.320


dellikani2015

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

TRUE

Answer to Question 2

B


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