Author Question: At the start of the year, Sandy's Flowers had inventory worth 587,200 at retail. On December 31, the ... (Read 120 times)

swpotter12 · **on:** Jun 24, 2018

At the start of the year, Sandy's Flowers had inventory worth 587,200 at retail. On December 31, the retail value of the inventory was 137,700. If annual sales amounted to 2,899,600 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)
A) 8.0
B) 12.5
C) 4.9
D) 4.3

Question 2

Trade discounts are reductions from the manufacturer's suggested ___________________ _ price.
Fill in the blank(s) with correct word