The retail method of inventory estimation uses a comparison of goods available for sale at a cost ...

Author Question: The retail method of inventory estimation uses a comparison of goods available for sale at a cost ... (Read 144 times)

DelorasTo

Hero Member
Posts: 548

on: Jun 24, 2018

The retail method of inventory estimation uses a comparison of goods available for sale at a cost and at retail.
Indicate whether the statement is true or false

Question 2

A second hand furniture store buys sofas with a list price of 9,500. If the wholesaler offers trade discounts of 10/20/30, find the single equivalent discount.
A) 0.442
B) 0.496
C) 0.600
D) 0.320

dellikani2015

Sr. Member
Posts: 332

Reply #1 on: Jun 24, 2018

Answer to Question 1

TRUE

Answer to Question 2

B

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