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

Author Question: Wycombe Hobby Shop had a cost of goods sold for the year of 160,240. The targeted average inventory ... (Read 135 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
Wycombe Hobby Shop had a cost of goods sold for the year of 160,240. The targeted average inventory needed to match the industry standard is 48,200. What is the published industry standard for inventory turnover? (Round to nearest tenth)

Question 2

Find the net price for an order of tires with a list price of 15,000, less trade discounts of 30/25/10. Use the net price, complement method.
 A) 5,250.00
  B) 9.750.00
  C) 7,912.50
  D) 7,087.50



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dantucker

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

3.3 times

Answer to Question 2

D




tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library