This topic contains a solution. Click here to go to the answer

Author Question: The net sales for Casual Fashions, Inc last year amounted to 1,126,800 and the average inventory at ... (Read 44 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
The net sales for Casual Fashions, Inc last year amounted to 1,126,800 and the average inventory at retail was 212,604. The published inventory turnover at retail is 6. Calculate the inventory turnover at retail, and if it is less than the published rate, calculate the target average inventory at retail. (Round your answer to the nearest dollar)
 A) Turnover is greater
  B) 178,800
  C) 187,800
  D) 212,500

Question 2

What information does the following term or section of an invoice provide? Shipped Via
 A) Price for each unit of merchandise
  B) Name of freight company handling the shipment
  C) Used in quoting shipping charges
  D) Total amount of merchandise and all other charges



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coyin

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

B




magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Wow, this really help


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library