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Author Question: Classic Vehicles had a beginning inventory of 156,700 and an ending inventory of 98,500. If the cost ... (Read 111 times)

AEWBW

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on: Jun 24, 2018
Classic Vehicles had a beginning inventory of 156,700 and an ending inventory of 98,500. If the cost of goods sold was 152,100, calculate the inventory turnover. (Round to the nearest tenth)
 A) 1.3 times
  B) 1.1 times
  C) 1.2 times
  D) 1.7 times

Question 2

What is the portion if the base is 18,236 and the rate is 22.45?


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frejo

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

4,093.98


AEWBW

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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