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Author Question: A trucking company had 3 trucks. The first truck traveled 790 miles, the second truck traveled 830 ... (Read 282 times)

shofmannx20

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on: Jun 24, 2018
A trucking company had 3 trucks. The first truck traveled 790 miles, the second truck traveled 830 miles, and the third truck traveled 948 miles. Each truck traveled 12 miles on a gallon of gas. Gas cost 3.80 per gallon. Compute the amount the trucking company spent on gas.

Question 2

Good Grooming Supplies takes inventory quarterly and bases inventory on selling price. Beginning inventory for the year was 91,000 . Inventory at the end of the first quarter was 89,500 . at the end of the second quarter, 74,120; at the end of the third quarter, 82,210; and at the end of the year, 79,170 . Net sales for the year equal 249,600 . Compute the inventory turnover at retail.


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jgranad15

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

813.20 cost of gas

Answer to Question 2

3 times


shofmannx20

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Reply #2 on: Jun 24, 2018
Correct answers!


jgranad15

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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