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 134 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
YES! Correct, THANKS for helping me on my review


EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library