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

Author Question: A company had November and December sales last year of 45,00 . and 55,000 . respectively, and ... (Read 45 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
A company had November and December sales last year of 45,00 . and 55,000 . respectively, and November sales this year of 30,00 . . Compute the amount needed to be sold in December to equal last year's November and December sales.

Question 2

Bud's Blooms takes inventory quarterly and bases inventory on selling price. Beginning inventory for the year was 264,500 . Inventory at the end of the first quarter was 267,200 . at the end of the second quarter, 271,000 . at the end of the third quarter, 273,000 . and at the end of the year, 265,300 . Net sales for the year equal 777,780 . Compute the inventory turnover at retail.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

70,00 . December sales

Answer to Question 2

2.9 times




leilurhhh

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Wow, this really help


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library