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

Author Question: The After Five Boutique took in 825,200 in sales during May. They started the month with inventory ... (Read 63 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
The After Five Boutique took in 825,200 in sales during May. They started the month with inventory worth 524,000 and spent 225,500 on new purchases during the month. Gross margin on sales was 30. Using the gross profit method, estimate the cost value of the inventory at the end of June.
 A) 295,100
  B) 345,625
  C) 171,860
  D) 454,250

Question 2

To change a fraction or mixed number to a percent, convert the mixed number to an improper fraction. Then divide the numerator by the denominator. Move the decimal point two places to the right and add a percent sign.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

TRUE




burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 24, 2018
:D TYSM


hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library