Author Question: Kidz Korner had net sales of 3,001,680 for the year. If the beginning inventory at retail was ... (Read 161 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
Kidz Korner had net sales of 3,001,680 for the year. If the beginning inventory at retail was 241,700 and the ending inventory at retail was 592,100, find the inventory turnover at retail. (Round your answer to the nearest tenth)
 A) 2.5 Times
  B) 5.1 Times
  C) 7.2 Times
  D) 12.4 Times

Question 2

Freight terms, FOB destination indicate that the ___________________ _ is responsible for the freight charges.
 Fill in the blank(s) with correct word



JYan

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

C

Answer to Question 2

seller



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library