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Author Question: A customer purchased 3 tablets for 1.25 each, 6 pencils for 0.20 each, and 2 notebooks for 1.35 ... (Read 115 times)

RYAN BANYAN

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on: Jun 24, 2018
A customer purchased 3 tablets for 1.25 each, 6 pencils for 0.20 each, and 2 notebooks for 1.35 each. All prices include tax. The customer handed the salesperson a ten-dollar bill. Compute the amount of change the customer should have received.

Question 2

Favorite Flavors, Inc takes inventory semiannually and bases inventory on selling price. Beginning inventory for the year was 95,300 . Inventory at the end of the first six months was 112,000 . Ending inventory for the year was 99,900 . Net sales for the year equal 327,680 . Compute the inventory turnover at retail.


spencer.martell

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

2.35

Answer to Question 2

3.2 times


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