This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Best Value Inc had net sales of 1,313,930 for the year. If the beginning inventory at retail was ... (Read 83 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Best Value Inc had net sales of 1,313,930 for the year. If the beginning inventory at retail was 530,800 and the ending inventory at retail was 242,100, find the inventory turnover at retail. (Round your answer to the nearest tenth)

Question 2

Anselmo's Engineering buys circuit boards with a list price of 32,000. If the supplier extends trade discounts of 42/32/12, what is the trade discount amount?
 A) 18,415.00
  B) 15,170.00
  C) 20,893.70
  D) 16,835.25


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 24, 2018
Answer to Question 1

3.4 times

Answer to Question 2

C


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
Excellent

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Why Different Constellations Are Visible at Different Times of the Year Why Different Constellations Are Visible at Different Times of the Year
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Kahan (Last Year) Kahan (Last Year)
Video: Conduction of action potentials

For a complete list of videos, visit our video library