This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The net sales for Casual Fashions, Inc last year amounted to 1,126,800 and the average inventory at ... (Read 46 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
The net sales for Casual Fashions, Inc last year amounted to 1,126,800 and the average inventory at retail was 212,604. The published inventory turnover at retail is 6. Calculate the inventory turnover at retail, and if it is less than the published rate, calculate the target average inventory at retail. (Round your answer to the nearest dollar)
 A) Turnover is greater
  B) 178,800
  C) 187,800
  D) 212,500

Question 2

What information does the following term or section of an invoice provide? Shipped Via
 A) Price for each unit of merchandise
  B) Name of freight company handling the shipment
  C) Used in quoting shipping charges
  D) Total amount of merchandise and all other charges


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coyin

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Gracias!

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Average Global Temperature during the Phanerozoic Average Global Temperature during the Phanerozoic
U.S. Life Expectancy by Year of Birth U.S. Life Expectancy by Year of Birth
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Average Distribution of Incoming Solar Radiation Average Distribution of Incoming Solar Radiation
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library