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Author Question: At the start of the year, Bottom Dollar Discounters had inventory worth 197,400 at retail. On ... (Read 83 times)

Bob-Dole

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on: Jun 24, 2018
At the start of the year, Bottom Dollar Discounters had inventory worth 197,400 at retail. On December 31, the retail value of the inventory was 318,100. If annual sales amounted to 1,907,350 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)
 A) 9.7
  B) 7.4
  C) 6.0
  D) 3.7

Question 2

The ___________________ _ price of merchandise is calculated by subtracting the amount of trade discount from the list price.
 Fill in the blank(s) with correct word


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Koolkid240

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

B

Answer to Question 2

net


Bob-Dole

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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