Author Question: Kidz Korner had net sales of 3,001,680 for the year. If the beginning inventory at retail was ... (Read 105 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
Kidz Korner had net sales of 3,001,680 for the year. If the beginning inventory at retail was 241,700 and the ending inventory at retail was 592,100, find the inventory turnover at retail. (Round your answer to the nearest tenth)
 A) 2.5 Times
  B) 5.1 Times
  C) 7.2 Times
  D) 12.4 Times

Question 2

Freight terms, FOB destination indicate that the ___________________ _ is responsible for the freight charges.
 Fill in the blank(s) with correct word



JYan

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

C

Answer to Question 2

seller



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Everyone has one nostril that is larger than the other.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library