A local college bookstore has a beginning inventory costing $80,000 and an ending inventory costing $84,000. Sales for the year were $300,000. Assume the bookstore markup rate on selling price is 70%. Based on the selling price, what is the inventory turnover at cost? (Round your answer to the nearest hundredth.)

Question

03-11-2022
Mathematics

Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

A local college bookstore has a beginning inventory costing $80,000 and an ending inventory costing $84,000. Sales for the year were $300,000. Assume the bookstore markup rate on selling price is 70%. Based on the selling price, what is the inventory turnover at cost? (Round your answer to the nearest hundredth.)

Sagot :

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.

En la puerta del sol se encuentra el kilómetro cero de las carreteras españolas.

explain and give reasons why aluminium vessels should not be cleaned with borders containing alkalis

There are 258 g of MgCl2/liter. What is the molarity of the solution?

Toy, and then hide it behind a curtain, the adult knows that the toy still exists. however, infants act as if a hidden object no longer exists. what does this e

The open systems model of ob assumes that ________. a. organizations exist in a vacuum b. organizations are contingent c. organizations are self-sustaining d

You forgot to balance your checking account, and you added a check to your register instead of subtracting the check from your balance. This caused you to have

x|y -2|7 1|-8 4|-23 7|-38

The width of the rectangle is half the length. The perimeter of the rectangle is 30cm. Calculate the width and the length of the rectangle

A reverse-biased silicon diode is connected in series with a 12 v source and a resistor. the voltage across the resistor is:_______

as you solve each problem move the answer to the to the blank space in the next problem if you get them all correct the answer at the end should be correct! que

Sagot :

Other Questions