« previous next »

Author Question: The average inventory at retail for The New Age Furniture Store was 2,575,350. The turnover rate at ... (Read 241 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
The average inventory at retail for The New Age Furniture Store was 2,575,350. The turnover rate at retail was 3.0, based on net sales of 7,726,050. The published inventory turnover at retail is 4.9. Since the actual turnover rate is less than the published rate, calculate the target average inventory at retail.(Round your answer to the nearest dollar)
 A) 1,570,200
  B) 207,400
  C) 888,800
  D) 1,576,745

Question 2

Morgan bought the following: 27 Wren Houses  12.00, 31 Bluebird Houses  21.50, and 17 Bird Feeders  19.75. The shipping charges were 68.00. What was the total invoice charge?
 A) 2,214.50
  B) 1,587.50
  C) 1,394.25
  D) 1,590.00


marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

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?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
Advection of an air mass with a different ELR (environmental lapse rate). Advection of an air mass with a different ELR (environmental lapse rate).
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library