Author Question: The number of times during an operating period that the average dollars invested in merchandise ... (Read 80 times)

sabina · **on:** Jun 24, 2018

The number of times during an operating period that the average dollars invested in merchandise inventory was theoretically sold out is called inventory turnover.
Indicate whether the statement is true or false

Question 2

Amado purchased the following: 15 mouse traps 1.25 per item, 18 light bulbs 3.50 per item and 3 Bird Feeders 19.75. The shipping charges were 52.00. What was the total invoice charge?
A) 141.00
B) 193.00
C) 24.50
D) 22.96